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Land For Sale at 1st Street S in Parkland, Alberta

4 Sale ID #158357
Updated 04 May 2024

Asking Price

$33,000

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

N/A

Building Size

N/A

Premise Summary

This parcel of land made up of 5 lots in the little Hamlet Community of Parkland is on the open west side with a view to the foothills. Just off Highway 2 south of Calgary, Parkland is zoned DC-1 which is under the discretionary Direct Control of the MD of Willow Creek where building inquiries can be made. There are no water or sewer services in Parkland so you will need a well or cistern and septic arrangements if building a structure. (id:39198)

  • MLS® : #A2054524
  • Date Listed : 03 Jun 2023

Location

Province

Alberta

City

Parkland

Address

1st Street S

Postal Code

T0L1B0

Location Highlights

N/A

Listed by

MaxWell Capital Realty Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

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

$33,000

Asking Price

$33,000

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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