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Land For Sale at 5008 49 Avenue in Caroline, Alberta

4 Sale ID #221921
Updated 20 Jun 2024

Asking Price

$49,900

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

Prime Commercial Lot Available in Caroline, Alberta! Don't miss out on this exceptional opportunity to invest in a 6000 sq. ft. commercial lot, located a block off of the highway! Lot Dimensions are 50 x 120 ft. Strategically situated near the central business core, this versatile lot offers endless possibilities for development and expansion Flexible Zoning: The village of Caroline is open to exploring alternative ideas for this property, providing an excellent chance to bring your vision to life. Convenient Location: Close proximity to schools and shopping centers ensures high visibility and easy access for potential customers or tenants. Whether you're looking to establish a thriving business, develop a new commercial venture, or explore alternative opportunities, this commercial lot offers the perfect canvas for your ambitions. (id:39198)

  • MLS® : #A2119926
  • Date Listed : 02 Apr 2024

Location

Province

Alberta

City

Caroline

Address

5008 49 Avenue

Postal Code

T0M0M0

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

N/A

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

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$49,900

Asking Price

$49,900

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

N/A

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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