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Land For Sale at 3962 176 STREET in Surrey, British Columbia

4 Sale ID #196041
Updated 07 May 2024

Asking Price

$3,000,000

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

Must See! Approx. 2.063 acres (Approx. 147.69 ft x 606.49 ft) beautiful vacant farm land in Surrey Cloverdale. Located on the Hwy 15, and 100 feet far from the intersection of 40 Ave and Hwy15. Already preload for build 5,306.08 sf new house. Under A-1 Agricultural zoning, good soil for nursery business and other uses. High traffic exposure, easy access to the Canadian/USA border & lower mainland area. A rare opportunity for people who are looking for hobby farm or vacant land to build dream home. Call now for more information! (id:39198)

  • MLS® : #C8056774
  • Date Listed : 15 Jan 2024

Location

Province

British Columbia

City

Surrey

Address

3962 176 Street

Postal Code

V3S0L5

Location Highlights

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Listed by

RE/MAX City Realty British Columbia 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

N/A

Financial Information

Yearly Rate

$3,000,000

Asking Price

$3,000,000

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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