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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
Cap Rate 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
Here is 16 ACRES of LAND w/both HIGHWAY + RAIL FRONTAGE!!! This PROPERTY is already Generating Income through a WELL on site (~$7000 per year) plus there WAS ALREADY a fenced in RV storage Area - holding over 100 UNITS already to generate $25,000+ PER YEAR, so you can have $$$ coming in w/MINIMAL Effort: some EASY income ALREADY plus HOLD for FUTURE Investment, or a NO-BRAINER interim while you ENVISION the POSSIBILITIES that this property OFFERS. Also PAVED ACCESS!!! This could give you the MONEY coming in the DOOR to finance a more AMBITIOUS development. INCREDIBLE Return on a LOW INVESTMENT: it JUST MAKES SENSE! Located Within the Development of HEARTLAND AREA STRUCTURE PLAN which is CONTINUALLY growing + improving in the SUPPLEMENTS is the Attachment from the STRATHCONA COUNTY Website for the AG AGRICULTURE: GENERAL Permitted Uses, + Discretionary Uses. NOW is the time to GET IN!!! No Rail Siding Investigation. Currently no RVs being stored there. County Approval needed for any RV storage. (id:39198)
Location
Province
Alberta
City
Sherwood Park
Address
55432 Rge Rd 210 A
Postal Code
T8L4B1
Location Highlights
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Listed by
RE/MAX House of Real Estate Alberta listing
Category
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
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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 Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$299,900
Asking Price
$299,900
Cap Rate 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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NOI 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
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 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
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Market Competition
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