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Land For Sale at 429 Frederick Avenue in Standard, Alberta

4 Sale ID #235419
Updated 20 Jun 2024

Asking Price

$44,900

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

*** 8 LOTS FOR SALE - AMAZING DEVELOPMENT OPPORTUNITY ***Prime investment property for future development in the Village of Standard. All utilities (sewer, water, electric, gas) are to each lot. Paved sidwalks and street lights already installed in the subdivision. Close to K-12 school, local shopping and only 25 minutes from Strathmore with all it's amenities. (id:39198)

  • MLS® : #A2128405
  • Date Listed : 06 May 2024

Location

Province

Alberta

City

Standard

Address

429 Frederick Avenue

Postal Code

T0J3G0

Location Highlights

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Listed by

RE/MAX Real Estate (Central) 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

$44,900

Asking Price

$44,900

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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