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Land For Sale at 338220 Panima Close W in Foothills, Alberta

4 Sale ID #207092
Updated 03 May 2024

Asking Price

$525,000

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

Lot Size

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Building Size

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Premise Summary

Looking for that PERFECT ACREAGE Lot? MOUNTAIN VIEWS, 3-rail professional fencing, electric gate at entrance? Only 5 minutes west to Okotoks or 15 minutes North to Calgary? Sound interesting? Take a drive to Panima Close. OUTSTANDING 4.53 acres LOT. Bring your own builder or hold on to the lot for future building. This is a quiet location in the country but oh, so close to conveniences. There are some architectural controls that help to keep the integrity of the subdivision to a high standard. Services including gas, electric and telus are located to the property line helping minimize the install costs. On bus routes for the kids. Photos are shown in Winter and Summer. (id:39198)

  • MLS® : #A2109087
  • Date Listed : 20 Feb 2024

Location

Province

Alberta

City

Foothills

Address

338220 Panima Close W

Postal Code

T1S1A2

Location Highlights

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Listed by

RE/MAX Complete Realty Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

$525,000

Asking Price

$525,000

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.

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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