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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$210,000
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
261 Northland DrivePRIME COMMERCIAL REAL ESTATE LOT IN THE HEART OF CONKLIN Don't miss out on this golden opportunity to secure a highly desirable empty lot in one of Conklin's prime locations. This perfectly situated commercial real estate offering is located in the heart of Conklin, surrounded by multiple Oil and Gas operations, work camps, and neighbourhood. Key features;•0.64 Acres of prime land•Excellent proximity to a well-equipped recreation center that includes a gym, community hall, hockey arena, classrooms, maintenance garage, nurses office, daycare, and administration.•Storm sewers in place ensure adequate drainage from the site. •The subsoil consists of sandy clay, providing stability for construction.•Essential utilities such as electrical power, natural gas, and phone lines are readily accessible.•This lot represents one of four commercially zoned sites in the area that is ready for immediate development. This vacant lot offers a multitude of investment possibilities, making it an ideal location for various commercial ventures. The community of Conklin provides a stable economic climate, attracting the keen eyed investors, and entrepreneurs alike. Don't miss out on this extraordinary opportunity to establish a prosperous business venture in a growing area. (id:39198)
Location
Province
Alberta
City
Conklin
Address
261 Northland Drive
Postal Code
T0P1H1
Location Highlights
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Listed by
RE/MAX FORT MCMURRAY Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
$210,000
Asking Price
$210,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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