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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,554,000
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
An excellent opportunity to own 74 acres (approx) of farmland, with 71 acres workable, and the remaining bush. This parcel offers outstanding accessibility and versatility with triple road frontage and multiple access points. The property spans from the 5th to the 6th concession bordered by Johnson side road. Conveniently situated in a strong agricultural area, this property is ideal for farmers looking to expand their operation or investors seeking quality land in Essex County. Land currently sharecropped, farmer willing to continue with new agreement. Property is sold as-is, where-is with no warranties or representations of any kind. Buyer is responsible for all due diligence. The seller reserves the right to accept or reject any and all offers. (id:39198)
Location
Province
Ontario
City
Essex
Address
5th Concession
Postal Code
N0R1G0
Location Highlights
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Listed by
MAC 1 REALTY LTD Ontario 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
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Financial Information
Yearly Rate
$1,554,000
Asking Price
$1,554,000
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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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
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Market Competition
N/A
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