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Land For Sale at 160 Street W in Foothills, Alberta

4 Sale ID #162722
Updated 02 May 2024

Asking Price

$3,200,000

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

A perfect place to plan your future, on a full quarter section only minutes from the City of Calgary. This exceptional parcel of beautiful rolling country is nestled up against the Ann and Sandy Cross Conservation Area, at the end of the road, and across 160 Street from the quiet and exclusive Red Willow subdivision. Approximately half this quarter is treed and the remaining acres are in open field currently being used as pasture. A seasonal creek, natural spring and pond are also located on this parcel along with some amazing glacial erratics. Great holding property with the possibility of future development. (id:39198)

  • MLS® : #A2069010
  • Date Listed : 26 Jul 2023

Location

Province

Alberta

City

Foothills

Address

160 Street W

Postal Code

T1S0Y1

Location Highlights

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Listed by

SOTHEBY'S INTERNATIONAL REALTY CANADA 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

N/A

Financial Information

Yearly Rate

$3,200,000

Asking Price

$3,200,000

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.

N/A

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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