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Land For Sale at Horse Creek Road in Rocky View, Alberta

4 Sale ID #77785
Updated 20 Jun 2024

Asking Price

$2,800,000

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

Incredible scenic 1/4 section of land. There is also an adjoining 1/4 section of land that can be purchased in conjunction with this one. Potentially 1/2 section of land only minutes from Cochrane off of Horse Creek Road. Rolling hills, lush greens and groups of trees cover the land. Suitable for grazing/agriculture now or as an investment/development. The last water test yielded an amazing 60 GPM. Nearby subdivisions have smaller 4 acre parcel rural residential homes. The potential and opportunities are endless. (id:39198)

  • MLS® : #A1056388
  • Date Listed : 28 Dec 2020

Location

Province

Alberta

City

Rocky View

Address

Horse Creek Road

Postal Code

T0L0W0

Location Highlights

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Listed by

RE/MAX Real Estate (Central) 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

N/A

Financial Information

Yearly Rate

$2,800,000

Asking Price

$2,800,000

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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