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Land For Sale at 720049 RR63 in Clairmont, Alberta

4 Sale ID #185261
Updated 03 May 2024

Asking Price

$395,000

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

PRIME Commercial land on this very busy high visibility route. Great value at only $125,000 an acre for this 3.16 Acre parcel with frontage! . Land is already stripped and leveled. Seller can also gravel or built to suit your shop. Power and Gas along road for tie in. If you want your business to be noticed everyday this is the spot! (id:39198)

  • MLS® : #A2095894
  • Date Listed : 30 Nov 2023

Location

Province

Alberta

City

Clairmont

Address

720049 Rr63

Postal Code

T0H0W0

Location Highlights

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Listed by

RE/MAX Grande Prairie 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

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

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Financial Information

Yearly Rate

$395,000

Asking Price

$395,000

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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