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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,700,000
Cap Rate 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
152± acres of prime development land with Highway exposure currently zoned as AG is located on TransCanda Highway and Range Rd 261. Very attractive option for industrial commercial and highway commercial land compared to land values in Calgary and Strathmore. Only 40 minutes to Calgary. Low property tax compared to Chestermere and Calgary. The land is close to the future home of the De Havilland Field in Wheatland County. The potential and opportunities are endless. (id:39198)
Location
Province
Alberta
City
Wheatland
Address
242036 Range Road 261
Postal Code
T0J1Y0
Location Highlights
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Listed by
RE/MAX COMPLETE REALTY Alberta listing
Category
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 Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$2,700,000
Asking Price
$2,700,000
Cap Rate 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 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
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 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
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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