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Land For Sale at 4816 50 AV in Lamont, Alberta

4 Sale ID #213014
Updated 07 May 2024

Asking Price

$35,000

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

This large 723 sq M (7,782 sq ft), Fully Serviced, R2 zoned lot is located in the Town of Lamont. The perfect site for your new home or investment property. Permitted and discretionary uses include a single detached home, duplex, modular home, secondary suite, minor home business, and more. Lamont is located approx. 15 minutes East of the industrial heartland and has all the big city amenities, well still offering that small-town sense of community and great value. With the Lamont Health Care Center within walking distance and the Dow expansion project a short drive away, finding quality tenants, won't be an issue. (id:39198)

  • MLS® : #E4376106
  • Date Listed : 08 Mar 2024

Location

Province

Alberta

City

Lamont

Address

4816 50 Av

Postal Code

T0B2R0

Location Highlights

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Listed by

Exp 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

N/A

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

$35,000

Asking Price

$35,000

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

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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.

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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