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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$850,000
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
DEVELOPMENT OPPORTUNITY!Incredible chance to own 2 acres of prime land within the City of Calgary. Ideally located just off 84th St, minutes from East Hills Shopping Centre and the rapidly expanding community of Belvedere.This property offers outstanding exposure and accessibility with easy connections to Stoney Trail, Peigan Trail, and 17th Ave. Currently zoned DC – Future Urban Development, the site offers excellent long-term investment potential as the area continues to experience significant residential and commercial growth.A water well has already been drilled, with other services available at the property line. This one-of-a-kind opportunity is perfect for developers or investors looking to secure a strategic foothold in one of Calgary’s fastest-growing corridors. (id:39198)
Location
Province
Alberta
City
Calgary
Address
34
Postal Code
T2B2N4
Location Highlights
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Listed by
RE/MAX Key Alberta 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
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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
$850,000
Asking Price
$850,000
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
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
