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Land For Sale at 4962 MERKLEY ROAD in Terrace, British Columbia

New
4 Sale ID #226795
Updated 06 May 2024

Asking Price

$425,000

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

Lot Size

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Building Size

N/A

Premise Summary

* PREC - Personal Real Estate Corporation. One of a kind property available just a quick 10 minutes north of town. This beautiful acreage offers so much more than just 13.6 acres of vacant land! Years ago, a 260m (approx 875') driveway was cleared to the building site of the now existing shop. The driveway and shop site offers a great base to get your started on building your dream home. Keep all your building supplies and equipment safe and out of the weather in the very practical 22' x 55' enclosed shop (which is on a slab and has 12' ceilings). Not only is this property located minutes from some of the best hiking and riding trails in Terrace it's wonderfully tree with existing timber value, has a water licence to spring creek and there is gas at the lot line! Contact your realtor for more info. (id:39198)

  • MLS® : #R2871741
  • Date Listed : 17 Apr 2024

Location

Province

British Columbia

City

Terrace

Address

4962 Merkley Road

Postal Code

V8G0B5

Location Highlights

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Listed by

RE/MAX Coast Mountains British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

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

$425,000

Asking Price

$425,000

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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