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Land For Sale at 7811 Wilson Jackson Road in Vernon, British Columbia

4 Sale ID #175582
Updated 02 May 2024

Asking Price

$585,000

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

For additional information, please click on Brochure button below. Beautiful, fully treed parcel of land about 15 minutes from either Silver Star Resort and downtown Vernon. Build your dream acreage and enjoy the Okanagan and the ski hill all year round! Property is near the end of a school bus route, so it is paved and maintained (snow plowing, etc.) but nice and quiet. Well has been drilled to approx 600' in 2014 with 3.5gpm. Well location selected based on a prospective building spot near the eastern side of the lot, but plenty of good, flat building spots on this lot. Just need to clear trees - prospective value in the timber. Power at the lot line, zoned CR (Country Residential). (id:39198)

  • MLS® : #10287774
  • Date Listed : 27 Oct 2023

Location

Province

British Columbia

City

Vernon

Address

7811 Wilson Jackson Road

Postal Code

V1B3N5

Location Highlights

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Listed by

Easy List Realty British Columbia 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

$585,000

Asking Price

$585,000

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

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Market Competition

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