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Land For Sale at 970 CARL Road in Welland, Ontario

updated
4 Sale ID #137472
Updated 06 May 2024

Asking Price

$6,500,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

ATTENTION Builders and Investors. 50+ ACRES OF CLEAR PRIME LAND IN NIAGARA!! This is a fantastic opportunity for investment with 1,327 feet of frontage. This massive parcel is located next to a golf course, close to shopping, New South Niagara Falls Hospital in development, minutes to highway, and is sited in a very desirable developing neighborhood. This property also features an updated 4 bedroom home and many out-buildings, including a barn/stable and quonset hut. Welland is the best place to buy real estate. There is a ton of development going on in Welland. Residential growth with thousands of new homes being built. Dont miss this amazing opportunity before it sold. Extras:Buyer to complete due diligence (id:39198)

  • MLS® : #40433198
  • Date Listed : 06 Jun 2023

Location

Province

Ontario

City

Welland

Address

970 Carl Road

Postal Code

L0S1K0

Location Highlights

N/A

Listed by

HOMELIFE MIRACLE REALTY LTD Ontario listing

Category

land

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,500

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 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

N/A

Financial Information

Yearly Rate

$6,500,000

Asking Price

$6,500,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,500

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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