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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,800,000
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
Prime Development Opportunity - 160+/- Acres Along Highway 16A This expansive 160+/- acres parcel is situated along Highway 16A within the Town of Stony Plain limits, offering excellent exposure with an estimated 12,000 vehicles passing daily. Currently zone FD - Future Development with potential to be rezoned Highway Commercial. Included in the total acreage is a 43+/- subdivision, providing additional flexibility for future projects. This property features gentle rolling hills and has proposed access via Range Road 11 which runs along the east property line. Additionally, a municipal sewer line is located along the south property line, further enhancing development potential. Original home/buildings still exist on the property, adding character and potential for various uses during the planning and development phases. (id:39198)
Location
Province
Alberta
City
Stony Plain
Address
Glory Hills
Postal Code
T7Z1X7
Location Highlights
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Listed by
Royal LePage Noralta Real Estate 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
$5,800,000
Asking Price
$5,800,000
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.
N/A
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
N/A
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