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Land For Sale at 17761 96 AVENUE in Surrey, British Columbia

4 Sale ID #167471
Updated 05 May 2024

Asking Price

$7,900,000

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

Lot Size

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Building Size

N/A

Premise Summary

Two properties side by side 1.5 acres + 1 acre = total 2.5 acres of land. Designated for Light Industrial in Anniedale-Tynehead NCP. Both properties combined have 4 buildings (1) +/- 7735 sf 7 year new house (2) +/- 3033 sf 1959 built house (3) +/- 1491 sf 1958 built house (4) +/-1800 sf (56' x 32') shop. Clear land no creak no trees on the both properties. There are few Temporary Use Permits (T.U.P.) in the neighbourhood for material storage and truck parking. Easy access to 4 major Highways. Huge 7735 sf house to live or use as an office while wait for development. There are total 5 rental units on top of the main house which is occupied by the owners. (id:39198)

  • MLS® : #C8054698
  • Date Listed : 02 Oct 2023

Location

Province

British Columbia

City

Surrey

Address

17761 96 Avenue

Postal Code

V4N4A9

Location Highlights

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Listed by

Royal LePage Global Force Realty British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

N/A

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

$7,900,000

Asking Price

$7,900,000

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)

N/A

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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