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Land For Sale at 5212 50 AV in Lamont, Alberta

4 Sale ID #197178
Updated 20 Jun 2024

Asking Price

$39,900

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

Located in the growing community of Lamont, 10 minutes from Bruderheim and 24 minutes to Fort Saskatchewan, is this vacant lot with R2 zoning. Build your new home in this growing community. Over 1800 residents with K-12 schools, a regional care clinic and hospital, plus a short drive to Elk Island National Parka short walk to downtown businesses, restaurants, and recreational facilities. The lot is 850 square metres, and services are at the property line. (id:39198)

  • MLS® : #E4370139
  • Date Listed : 18 Jan 2024

Location

Province

Alberta

City

Lamont

Address

5212 50 Av

Postal Code

T0B2R0

Location Highlights

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Listed by

RE/MAX Elite 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

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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

$39,900

Asking Price

$39,900

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

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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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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