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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$550,000
Cap Rate
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
This 26.47 acre parcel of land is currently zoned agricultural and has amazing potential for future development. The lot is located on the east edge of Stettler, south of Highway 12. It is situated in a high and dry spot, with power, gas and water already brought in, a storm run-off pond has also been built, and there is a paved access road up to the property line on the north side. The parcel could be used as one large acreage or subdivided in a variety of ways, depending on your needs. Proposed options include but are not limited to: 15 +/-1 acre lots or 43 high density lots. There are several established businesses anchoring this area including a gas station, automotive supply shop, welding shop, and car sales, among others. Stettler’s central location offers excellent highway and rail transportation connections making it a viable choice for companies looking to expand or start up new business opportunities. Stettler has a population of around 6000 residents and the County of Stettler has approx 5300 people. This land is ready for a future developer to take it to the next phase. (id:39198)
Location
Province
Alberta
City
Stettler
Address
42 Avenue
Postal Code
T0C2L0
Location Highlights
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Listed by
RE/MAX 1st Choice Realty Alberta listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$550,000
Asking Price
$550,000
Cap Rate
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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NOI
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
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
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
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Market Competition
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