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Land For Sale at 388 West Railway DR in Smoky Lake Town, Alberta

4 Sale ID #151957
Updated 01 May 2024

Asking Price

$25,000

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

Great opportunity to own a lot on Railway Drive! Tons of front exposure & trees on both sides of the property. 2 HUGE detached buildings on the back of the lot, perfect for storage or keeping vehicles out of the weather. Convenient Alley access with plenty of room to enter and exit the back side of the lot. This land has been well care for & maintained. (id:39198)

  • MLS® : #E4312707
  • Date Listed : 09 Sep 2022

Location

Province

Alberta

City

Smoky Lake Town

Address

388 West Railway Dr

Postal Code

T0A3C0

Location Highlights

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Listed by

Realty Executives Focus 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

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Financial Information

Yearly Rate

$25,000

Asking Price

$25,000

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

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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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