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Land For Sale at On Range Road 24 in Lacombe, Alberta

4 Sale ID #296041
Archived 03 Nov 2024

Asking Price

$900,000

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

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Building Size

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Premise Summary

Amazing opportunity to own an acreage right on the water! This 4.16 acre parcel is ready for your imagination and has 58 feet of lake frontage. Plenty of gorgeous building locations. Build your dream home right on the water and add your dream shop behind. Bring your horses and animals ... there is plenty of room here! Have the private acreage lifestyle without having to give up lakefront living. Many different possibilities with the option of a guest home, small business etc. If you can dream it, this is the one. (id:39198)

  • MLS® : #A2117823
  • Date Listed : 29 Mar 2024

Location

Province

Alberta

City

Lacombe

Address

On Range Road 24

Postal Code

T4S1S2

Location Highlights

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Listed by

RE/MAX real estate central alberta - Sylvan Lake 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

$900,000

Asking Price

$900,000

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)

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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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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