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Land For Sale at 4203 42 ST in Rocky Mountain House, Alberta

4 Sale ID #167742
Updated 03 May 2024

Asking Price

$999,000

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

N/A

Building Size

N/A

Premise Summary

Vacant parcel of land located on the south side of HWY 11 in Rocky Mountain House. - Area structure plan (ASP) in place which provides for 10 acres of land, which is zoned for highway commercial and the balance of the land is to be zoned for residential use. - The property is adjacent to an existing highway commercial zone and a light industrial park with several small shops along with restaurants and a hotel. - The Town of Rocky Mountain House continues to expand on the outer boundaries with many new subdivisions being developed in all quadrants of the community. - Zoned highway commercial which allows for many uses. (id:39198)

  • MLS® : #E4361023
  • Date Listed : 05 Oct 2023

Location

Province

Alberta

City

Rocky Mountain House

Address

4203 42 St

Postal Code

T4T1N1

Location Highlights

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Listed by

NAI Commercial Real Estate Inc Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

N/A

Operational Information

Number of Working Owners

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Current Owner - years

N/A

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

$999,000

Asking Price

$999,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

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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