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Land For Sale at 13545 TWPRd. 664 in Lac Lae, Alberta

4 Sale ID #76869
Updated 05 May 2024

Asking Price

$575,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

GREAT LOCATION, close to TOWN ! this 40.92 acre parcel located just 3 Km. south of Town and off Highway 36. A great spot to build your own home and enjoy the freedom of acreage living, or to expand your business . Power and gas are at the property line. Also there is a revenue of $8,000.00 a year from the injection well using almost 7 acres of this property. Seller also has 86 acres connected to this parcel and would be willing to sell as a package! (id:39198)

  • MLS® : #A1116751
  • Date Listed : 03 Jun 2021

Location

Province

Alberta

City

Lac Lae

Address

13545 Twprd. 664

Postal Code

T0A2C0

Location Highlights

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Listed by

RE/MAX LA BICHE REALTY Alberta listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$575,000

Asking Price

$575,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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