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Land For Sale at 41 St. 50 AV in Cold Lake, Alberta

4 Sale ID #158385
Updated 04 May 2024

Asking Price

$2,750,000

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

Excellent Development Opportunity! 217 Acres of land in the City of Cold Lake - Deer Meadows Area Structure Plan will provide the template to start this development on the land with rolling hills and will create a vision for the builders and home buyers as a comfortable walk-able residential community with access to the City amenities. The site is situated in the southeastern portion Cold Lake South, less than 1 km from the core commercial district. The lands with this sale in it's prime location that will have direct access to 50 Avenue in Cold Lake. The property included in this sell is: NE 35-62-2w4 (154.45 Acres) Linc#0038313870 and NW 36-62-2w4 (64.58 acres) Linc#0016498008 (id:39198)

  • MLS® : #E4340045
  • Date Listed : 11 May 2023

Location

Province

Alberta

City

Cold Lake

Address

41 St. 50 Av

Postal Code

T9M1P1

Location Highlights

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Listed by

Coldwell Banker Lifestyle 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

N/A

Financial Information

Yearly Rate

$2,750,000

Asking Price

$2,750,000

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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