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Land For Sale at 4008 47 Street in Drayton Valley, Alberta

4 Sale ID #256127
Updated 11 Dec 2024

Asking Price

$195,000

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 time to invest in Land. This 1 acre parcel is zoned R-HID. This Property is in close proximity to the hospital, shopping and in neighbouring high density apartment condos. For the new development the owner will need to build an access road into the development from 47 St. All utilities can be connected at 47 St. Buy now and build later call for all inquiries. (id:39198)

  • MLS® : #A2144743
  • Date Listed : 02 Jul 2024

Location

Province

Alberta

City

Drayton Valley

Address

4008 47 Street

Postal Code

T7A0A2

Location Highlights

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Listed by

Century 21 Bamber Realty LTD. 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

$195,000

Asking Price

$195,000

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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