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Land For Sale at 41 Matheson Lane in Scotch Hill, Nova Scotia

4 Sale ID #219636
Updated 29 Apr 2024

Asking Price

$180,000

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

Lot Size

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Building Size

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Premise Summary

Embrace the vast potential of this sprawling 85+/- acre property, where the beauty of nature meets the echoes of the past. Embrace approximately 60 acres of open fields, offering expensive vistas including views of the ocean- and the promise of agricultural or recreational opportunities. The remainder is adorned with serene wooded areas, providing a tranquil retreat and privacy. While the land hosts relics of its farming heritage, including two aged farmhouses and outbuilding in their twilight years, and an old barn that whispers of yesteryers , their presence is a nod to the past rather than a measure of value. This land's true worth is rooted in it's existing infrastructure: two wells, a driveway, and power connection, laying the groundwork for your vision to take shape. This Property invites you to write the next chaper of its stored legacy. (id:39198)

  • MLS® : #202405572
  • Date Listed : 25 Mar 2024

Location

Province

Nova Scotia

City

Scotch Hill

Address

41 Matheson Lane

Postal Code

B0K1H0

Location Highlights

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Listed by

Turning Point Real Estate Limited Nova Scotia 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

$180,000

Asking Price

$180,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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