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Land For Sale at 241083 Range Rd 263 Range in Wheatland, Alberta

4 Sale ID #191266
Updated 02 May 2024

Asking Price

$629,900

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

EXCELLENT INVESTMENT ON THE LOWEST PRICE INDUSTRIAL LAND IN THIS AREA!! Prime location just east of the upcoming DE HAVILLAND FIELD and ORIGIN BUSINESS PARK. This 4.82 corner industrial acreage is located just off of Highway 1 and only minutes from Strathmore and Chestermere and Calgary. Zoned Industrial General so perfect for a wide variety of industrial/commercial uses. This lot has the storm water pond already installed. Other lots available in this industrial park. The owner of this lot also has a Storage business for sale on 5.58 acres and another 4.82 I-G lot. See MLS listing A2098593 and A2098982 for details. (id:39198)

  • MLS® : #A2098981
  • Date Listed : 30 Dec 2023

Location

Province

Alberta

City

Wheatland

Address

241083 Range Rd 263 Range

Postal Code

T0J1Y0

Location Highlights

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Listed by

Royal LePage Benchmark 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

$629,900

Asking Price

$629,900

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.

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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

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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