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Land For Sale at 5075 NORTH TALBOT ROAD in Tecumseh, Ontario

4 Sale ID #210139
Updated 30 Apr 2024

Asking Price

$3,290,000

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 10 acre parcel of land is located in a great area close to the county with all the Great amenities of Tecumseh and Windsor. It is a fantastic opportunity to invest in land in the Hot Windsor market at a price that will show a great return on investment. The property is located near the New Hospital site and in one of the best areas of Tecumseh and Windsor. This site is perfect for anyone with plans to build there own home on a 10 acre site that will see at great return in coming years. (id:39198)

  • MLS® : #24004589
  • Date Listed : 01 Mar 2024

Location

Province

Ontario

City

Tecumseh

Address

5075 North Talbot Road

Postal Code

N0R1K0

Location Highlights

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Listed by

RE/MAX PREFERRED REALTY LTD. - 585 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

$3,290,000

Asking Price

$3,290,000

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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