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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$950,000
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
Take a look at this 20.25 acres, in Red Deer! This beautiful piece of land is located on the C&E Trail North. It is just above Highway 11A on above Tayler Drive. It is now in the City of Red Deer Zoning, but feels like being in the country!. There are many trees with a few choice building spots if you wanted to build. There are currently 16+- acres in pasture. The property is zoned A1 which is "future urban development district". The permitted uses include crops, produce, market gardens, greenhouses, and some home occupations. Some discretionary uses include; bed & breakfast, residential uses: one detached dwelling or one manufactured home. Land use document in attachments. (id:39198)
Location
Province
Alberta
City
Red Deer
Address
39064 C & E Trail
Postal Code
T4N5E1
Location Highlights
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Listed by
Royal Lepage Network Realty Corp. 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.
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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
$950,000
Asking Price
$950,000
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)
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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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