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Land For Sale at #319 22560 WYE RD in Strathcona, Alberta

4 Sale ID #205230
Updated 07 May 2024

Asking Price

$579,000

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

A RARE OPPORTUNITY to BUILD YOUR DREAM HOME a STONE'S THROW from Sherwood Park! Situated in the fabulous and established community of Wycliff, this 3.03 acre parcel is ready for you to build the home you've always wanted. Enjoy living only a half mile east of Highway 21, allowing you country paradise, with city amenities mere moments away. Properties like this rarely hit the market. If you're looking to live in the country, but don't want to leave the city far behind, this offers the best of both worlds. Immediate possession means you can get started on building your new home right away. Don't let this opportunity pass you by! (id:39198)

  • MLS® : #E4372886
  • Date Listed : 12 Feb 2024

Location

Province

Alberta

City

Strathcona

Address

#319 22560 Wye Rd

Postal Code

T8A4T6

Location Highlights

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Listed by

MaxWell Polaris 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

$579,000

Asking Price

$579,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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