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Land For Sale at 505 BENNETT ROAD in Kemptville, Ontario

4 Sale ID #195927
Updated 30 Apr 2024

Asking Price

$2,500,000

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

50 ACRES ZONED MINERAL AGGREGATE PRESERVATION (MXAP) and a part of the southern half RURAL RU. THERE IS NO WET LANDS (PSW) ON THE SUBJECT AS PER LETTERS FROM MINISTRY OF NATURAL RESOURCES (LETTERS ON FILE). BUYER IS RESPONSIBLE TO VARIFY ZONING, AND AGGREGATE QUALITY. SURVEY OF PROPERTY ON FILE. BELL EASEMENT ACROSS THE PROPERTY ON SOUTH END OF PROPERTY IS NOT BEING USED. PROPERTY IS LOCATED WEST OF A LICENSED PIT AND EAST OF A SECOND PROPERTY UNDER ZONING AMENDMENT TO BECOME A LICENSED PIT. INVESTMENT OPPORTUNITY FOR YOUR FUTURE AGGREGATE SUPPLY. (id:39198)

  • MLS® : #1373804
  • Date Listed : 15 Jan 2024

Location

Province

Ontario

City

Kemptville

Address

505 Bennett Road

Postal Code

K0G1J0

Location Highlights

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Listed by

RE/MAX AFFILIATES REALTY LTD. Ontario 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

$2,500,000

Asking Price

$2,500,000

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.

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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