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Land For Sale at 9612 86 ST NW in Edmonton, Alberta

4 Sale ID #206486
Updated 29 Apr 2024

Asking Price

$285,000

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

Ideal location in this lot ready for your development located in sought after Strathearn. One block from Stathearn drive. This 25 ft x 127 ft FULLY SERVICED lot located on a beautiful and quiet tree lined street develop your new home with a 3rd story w/roof top patio that would have a city skyline view! Located steps from the prestigious Strathearn Drive, Strathearn Park, Gallagher Park and the River Valley trail system! Less than a 5 min walk from the new and upcoming Valley Line LRT! 5 minute drive to Downtown/Whyte Ave and less than 10 minutes to the UofA. Roads have been repaved in 2018 with new curbs and lighting. Plenty of new construction in the area that will provide additional amenities. (id:39198)

  • MLS® : #E4373451
  • Date Listed : 15 Feb 2024

Location

Province

Alberta

City

Edmonton

Address

9612 86 St Nw

Postal Code

T6C3E9

Location Highlights

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Listed by

RE/MAX Real Estate 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

$285,000

Asking Price

$285,000

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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