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Land For Sale at 4535 51 Avenue in Olds, Alberta

4 Sale ID #157610
Updated 07 May 2024

Asking Price

$677,500

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

Looking for an investment or business opportunity? Here is a potential RETAIL DEVELOPMENT SITE in the fast-growing community of Olds, Alberta. Olds is centrally located between Calgary and Red Deer and serves many of the surrounding communities as well as Mountain View County. This property features a great central location in a new developing area, approx. 1.05 acres, fully serviced site. Benefits include no business tax, lower lot price than surrounding cities, high traffic area, close to shops and restaurants, easy access to all the amenities provided in the Town of Olds, close proximity to nearby recreational areas and minutes off major highway QE2. See brochure for further information. Note: Adjacent lots also available for sale. (id:39198)

  • MLS® : #A2080171
  • Date Listed : 10 Sep 2023

Location

Province

Alberta

City

Olds

Address

4535 51 Avenue

Postal Code

T4H1J1

Location Highlights

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Listed by

RE/MAX ACA Realty Alberta listing

Category

land

Property Information

Premise Status

N/A

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

$677,500

Asking Price

$677,500

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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