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Land For Sale at 16216 20 AVENUE in Surrey, British Columbia

New
4 Sale ID #223453
Updated 03 May 2024

Asking Price

$4,900,000

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

1.13 ACRES FUTURE ZONING BUSINESS PARK/LIGHT INDUSTRIAL- Highway 99 Corridor plan. Prime property on 20th Avenue boasts strategic proximity to key transportation arteries, including designated truck routes to the US and Convenient access to International Airports. Uses include office and service purposes, wholesale, warehousing, and light manufacturing. The neighboring property is currently undergoing the permitting process for a 138,822 sqft storage facility! Call for details! (id:39198)

  • MLS® : #C8058972
  • Date Listed : 28 Mar 2024

Location

Province

British Columbia

City

Surrey

Address

16216 20 Avenue

Postal Code

V3Z9M8

Location Highlights

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Listed by

Royal LePage Northstar Realty (S. Surrey) British Columbia 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

$4,900,000

Asking Price

$4,900,000

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

N/A

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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