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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
Cap Rate
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 opportunity to build your dream home on 4.59 acres of open, elevated land with unobstructed views of the Rocky Mountains by day and the town lights of Okotoks by night. Located just minutes south of town, this lot offers one of the best panoramic vantage points in the area. Thanks to its high elevation, the views will remain protected from future development, giving you peace of mind that your scenery will never be blocked.This parcel is ideal for those looking to create a custom home, hobby farm, or private retreat with wide-open space and endless possibilities. With paved access to the property and utilities nearby, it's ready for your vision. Bring your horses, design your dream home, and enjoy acreage living without sacrificing proximity to schools, shopping, and commuter routes.Price includes GST - Subject to title registration. (id:39198)
Location
Province
Alberta
City
Foothills
Address
32
Postal Code
T1S1A7
Location Highlights
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Listed by
RE/MAX Landan Real Estate Alberta listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$650,000
Asking Price
$650,000
Cap Rate
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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NOI
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
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
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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