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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$25,000,000
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
DEVELOPMENT LAND IN THE HIGHLY DESIRABLE AREA IN THE CITY of BEAUMONT. WITH 1/2 MILE OF HWY FRONTAGE. This development land is on 50 st. and has Commercial and Residential Zoning in the ASP. AREA STRUCTURE PLAN is APPROVED. There is 155.85 Acres/ more or less. Water and Sewer is on 50 st. The owner completed numerous studies. These studies are available to the purchaser. Irving Creek on the northern border and a licensed waterway on the property. There are 4 houses and numerous farm building on this property plus a newer freezer/cooler on site. 50th street (hwy 814) is a new 4 lane hwy. There is a service road to the property. Land can be sold separately or with the 81 acres to the east 4-24-51-1-NE. Land to the south has the NSP approved and is in active residential and commercial development. GST may be applicable. To access maps and documents related to the ASP and NSP, you will find it at: www.beaumont.ab.ca Le Reve (id:39198)
Location
Province
Alberta
City
Beaumont
Address
A51069 Hwy 814
Postal Code
T4X0K4
Location Highlights
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Listed by
Homes & Gardens Real Estate Limited 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
N/A
Financial Information
Yearly Rate
$25,000,000
Asking Price
$25,000,000
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.
N/A
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
N/A
Market Competition
N/A
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