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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$50,000,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Investment Land Zoned A-1, A-2 Agricultural In Greenlands A And Greenlands B & Partially In Natural Heritage System. Property Is Directly Across Road From Lands In Phase 2 Town Of Milton Official Plan, Schedule C-9-B Derry Green Corporate Business Park. Sixth Line Proposed By Town Of Milton For Widening Between 2027 And 2029. Water Mains Are Proposed To Be Installed At The Same Time Road Is Widened. Approx. 90 Acres Acres Of Prime Very Flat Farmland, Mostly Tile Drained, Of Which Approx. 12 Acres Are In Flood Plan With A Tributary Of The Sixteen Mile Creek Running Through It And Is Under The Control Of Conservation Halton. Bushland Is About 6 Acres. Taxes Reflect Farmlands And Residential Use. Attach Are Pdfs Re Zoning, Permitted Uses, Conservation Halton Control, Greenbelt, Natural Heritage System. All Info Provided Herein Is Subject To Change Or Revisions. All Interested Parties Should Preform All Due Diligence And Obtain Independent Legal Advice Prior To Submitting Offer. Property Has Been An Ongoing Family Farm Since 1968 With Old Out Buildings And Residence But Is Considered To Be Land Value. The Price is $500,000 per Acre, Non-Divisible. Please contact LA further details. (id:39198)
Location
Province
Ontario
City
Milton
Address
6597 Sixth Line
Postal Code
L9E0X8
Location Highlights
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Listed by
RE/MAX Real Estate Centre Inc, Brokerage Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$50,000,000
Asking Price
$50,000,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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