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Land For Sale at 600 Cambridge Park Road in Conrich, Alberta

4 Sale ID #153443
Updated 04 May 2024

Asking Price

$3,999,900

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.

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Lot Size

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Building Size

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Premise Summary

Location!!!! Location!!!! Location!!! Secure your commercial land (3.16 Acres) in the master-planned development located in Conrich, Alberta. With an average median house price of over $1.2 million dollars, you will be serving the residents of the community and catering to the daily traffic on Conrich Road. This commercial development is the closest to the CN Rail yard, Khalsa School, Prince of Peace & many other amenities. (id:39198)

  • MLS® : #A2078699
  • Date Listed : 06 Sep 2023

Location

Province

Alberta

City

Conrich

Address

600 Cambridge Park Road

Postal Code

B0P1G0

Location Highlights

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Listed by

CENTURY 21 BRAVO REALTY Alberta 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

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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 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

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Financial Information

Yearly Rate

$3,999,900

Asking Price

$3,999,900

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.

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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

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Market Competition

N/A


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