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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$279,900
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
Endless opportunities awaits you on the largest lot that provides the best value in Muir Lake Heights! Build your custom dream home here! Discover the perfect canvas for your dream home on this stunning 3.66-acre lot in the highly sought-after Cornerstone Estates, just moments away from the serene Muir Lake. This expansive property offers the ideal blend of a blank canvas and community, with plenty of space to create your own oasis. Imagine waking up to the sounds of nature, enjoying peaceful walks around the nearby lake, and having ample room for outdoor activities. Whether you envision a cozy retreat or a grand estate, this lot provides the freedom to bring your vision to life. With less than a 15 min drive to Spruce Grove and Stony Plain, get the best of both worlds - enjoy the quiet rural life with city amenities nearby. Build plans for a gorgeous 1800+ sqft bungalow are available! (id:39198)
Location
Province
Alberta
City
Parkland
Address
Rge Road
Postal Code
T7X3V6
Location Highlights
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Listed by
Liv 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
$279,900
Asking Price
$279,900
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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