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Land For Sale at 4702 34 ST SW in Edmonton, Alberta

4 Sale ID #180400
Updated 04 May 2024

Asking Price

$2,300,000

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.

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Lot Size

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Building Size

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Premise Summary

Amazing opportunity to build your future dream acreage on this 40 acre parcel located in the city of Edmonton. The land was recently annexed into the city of Edmonton, it's currently zoned agricultural/transitional zoning, and the city would allow a number of developments on the site: Single family home with outbuilding(s), a religious assembly, soccer field(s), greenhouse, home based business ect. The property is conveniently located just south of 41 avenue and east of 50 street. The International airport is 15 minutes south, and access to anywhere in Edmonton is great with highway 2 to west and the Anthony Henday to the north. (id:39198)

  • MLS® : #E4365372
  • Date Listed : 15 Nov 2023

Location

Province

Alberta

City

Edmonton

Address

4702 34 St Sw

Postal Code

T6X1A5

Location Highlights

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Listed by

RE/MAX Professionals 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

$2,300,000

Asking Price

$2,300,000

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.

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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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