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Land For Sale at 39064 C & E Trail in Red Deer, Alberta

New
4 Sale ID #226980
Updated 04 May 2024

Asking Price

$950,000

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

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)

  • MLS® : #A2123383
  • Date Listed : 16 Apr 2024

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

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

$950,000

Asking Price

$950,000

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

N/A

Market Competition

N/A


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