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Land For Sale at 245 Back Track Road in Spaniards Bay, Newfoundland & Labrador

4 Sale ID #194674
Updated 07 May 2024

Asking Price

$12,500

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

Get ready to build your Dream Home on this large cleared lot just pass the overpass in Tilton, Spaniards Bay. This area is expanding fast with many new homes already built! Just seconds to the Veteran's Memorial Highway and only 5 minutes away from Bay Roberts and approximately 10 minutes to Carbonear. This area has countless opportunities don't miss yours! Another idea would be to construct storage units that are currently in demand right now! Don't miss out call today!!! (id:39198)

  • MLS® : #1266854
  • Date Listed : 10 Jan 2024

Location

Province

Newfoundland & Labrador

City

Spaniards Bay

Address

245 Back Track Road

Postal Code

A0A3X0

Location Highlights

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Listed by

COLDWELL BANKER RHODES & COMPANY Newfoundland & Labrador listing

Category

land

Property Information

Premise Status

N/A

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

$12,500

Asking Price

$12,500

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.

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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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