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Land For Sale at 16820 41 AV SW SW in Edmonton, Alberta

4 Sale ID #218166
Updated 27 Apr 2024

Asking Price

$3,750,000

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

Lot Size

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Building Size

N/A

Premise Summary

17.27 Acres. Overlooking Edmontons stunning Whitemud Creek to the east and Edmontons future park to the north in prestigious Windermere neighbourhood. Potential stand alone medium density multifamily site. Within Edmontons Glendridding Ravine Neighborhood Structure Plan. Minutes from the Anthony Henday Strategically located on the corner of 170 Street SW & 41 Avenue SW. Legal Description: Plan 5395MC, Lot E. Future Potential Use: Potential Medium (or low) Residential/Stand Alone Multisite Present Zoning: Agricultural (AG) and Rural Residential (RR). Information herein and auxiliary information subject to becoming outdated in time, change, and/or deemed reliable but not guaranteed. Buyer to confirm information during their Due Diligence. (id:39198)

  • MLS® : #E4378304
  • Date Listed : 18 Mar 2024

Location

Province

Alberta

City

Edmonton

Address

16820 41 Av Sw Sw

Postal Code

T6W1A6

Location Highlights

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Listed by

RE/MAX Excellence Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

0

Year Built

N/A

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

$3,750,000

Asking Price

$3,750,000

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.

N/A

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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