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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,900
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
Here is your opportunity to own 3 amazing parcels of land totaling 103.04 +/- acres on both sides of Old Halifax Road in Saltsprings NS. The left side property features 3 blueberry fields with a bi-yearly income. There is a natural pond on the west edge of this lot and a small river also runs through the property. The north portion boarders on Highway 104. The southern exposure parcel of land is ideal for a home or business. From this location you are five minutes from the community of Springhill, ten minutes from Oxford, fifteen minutes from Amherst, forty-five minutes from both Truro and Moncton and ninety minutes from Halifax. You are also only thirty minutes from the beaches of the Northumberland Strait. The parcel on the right side of the road is approx 55.3 acres and features a well maintained wood road into the property. There is still mature hardwood on the land that could be cut now. The CN railway runs adjacent to Old Halifax Road and cuts across the front of this lot. This property is a great find for your future home or business. It has AG zoning with potential for commercial, residential, agricultural or forestry uses. Call to view to today. (id:39198)
Location
Province
Nova Scotia
City
Salt Springs
Address
331 Old Halifax Road
Postal Code
B0M1R0
Location Highlights
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Listed by
Hants Realty Ltd. Nova Scotia 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
$129,900
Asking Price
$129,900
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
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