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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$729,500
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
The beautiful quarter section located just West of Lumsden is an exquisite piece of land that offers a diverse range of opportunities and stunning natural features. With approximately 60 acres of rich valley floor land, 30 acres of future town lots, and an additional 30 acres of South facing valley hillside with an existing gravel pit, this property holds immense potential for various endeavors. One of the remarkable aspects of this quarter section is the presence of 60 acres of fertile valley floor land. This lush area provides excellent soil quality and is ideal for agricultural purposes, making it suitable for farming, horticulture, or livestock grazing. The rich soil combined with the property's proximity to the Qu'Appelle River ensures an abundant water supply, contributing to the productivity and sustainability of any agricultural venture. Adjacent to the valley floor land are 30 acres of future town lots. This presents a unique opportunity for development and expansion. The property's proximity to Lumsden offers the advantage of a growing community and potential demand for residential or commercial development. The availability of these town lots allows for the creation of a vibrant community with easy access to amenities and services. Additionally, the quarter section features 30 acres of South facing valley hillside, which incorporates an existing gravel pit. This presents both a commercial and environmental advantage. The gravel pit provides a valuable resource for construction and infrastructure projects, ensuring a potential revenue stream. Moreover, the South facing valley hillside benefits from optimal sun exposure, making it an excellent location for vineyards or orchards, taking advantage of the favorable climate and natural topography. Call today! (id:39198)
Location
Province
Saskatchewan
City
Lumsden.
Address
Canyon Creek Development Opportunity
Postal Code
S0G3C0
Location Highlights
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Listed by
C&C REALTY Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
$729,500
Asking Price
$729,500
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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