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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,925,000
Cap Rate
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
114 Acres of bare land in Ontario's Garden County ofNorfolk, located 6 Miles south of Tillsonburg, and only4 miles East of Straffordville, near the crossroads ofColonel Talbot and Norfolk County Road 23. The acreage here is made up of 82 Productive Workable acres with the balance being a healthy mixed bush and a 1/4 acre irrigation pond. The Soil type on the land here is pretty typical for Norfolk County, with theFront Field being a lighter ground, great for growing produce, or cash crops, with access to the pond. Agood portion of this field is systematically tile drained@ 30 Foot spacing. The back field is also seasonally accessible from the Baseline road, where you have 35workable acres containing a bit of a heavier soil type, great for all typical cash crops. The zoning on this property also offers an amazing opportunity to take advantage of the picturesque setting to build your dream home in the country! (id:39198)
Location
Province
Ontario
City
Norfolk
Address
140&141 Col Talbot
Postal Code
N4G4G9
Location Highlights
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Listed by
RE/MAX CENTRE CITY REALTY INC. Ontario listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$1,925,000
Asking Price
$1,925,000
Cap Rate
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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NOI
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
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
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
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Market Competition
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