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Land For Sale at Bald Rock Road in Bald Rock, Nova Scotia

4 Sale ID #152568
Updated 03 May 2024

Asking Price

$3,159,000

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

Pristine waterfront development in Sambro, Nova Scotia. 44 Acres of Bald Rock Point is situated within the Halifax Regional Municipality, and it holds the distinction of being the largest linear waterfront property for sale in the region. This area enjoys an enviable location along the picturesque coastline of Sambro. A coastal community known for its natural beauty and maritime charm. It?s a short drive from downtown Halifax, offering the perfect blend of serenity and accessibility. Close to nearby white sand beaches, 2 yacht clubs within 15minutes, the Sambro Loop for cycling and various well known hiking trails. This land is a blank canvas for your real estate vision. HRM zoning allows for various development options making it a versatile investment opportunity. There is ample room for creative development projects with its 4417 linear coastline and generous land area exceeding 44Acres. Think of a high-end residential community, an exclusive resort, or a secluded private estate. Its size, location, and potential make it a unique investment opportunity for those with a keen eye for coastal development. The awe-inspiring panoramic ocean views will not disappoint! (id:39198)

  • MLS® : #202318735
  • Date Listed : 05 Sep 2023

Location

Province

Nova Scotia

City

Bald Rock

Address

Bald Rock Road

Postal Code

B3K1K9

Location Highlights

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Listed by

Engel & Volkers Nova Scotia 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

$3,159,000

Asking Price

$3,159,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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