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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,150,000
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
This is a rare opportunity to secure approximately 75 acres at Glendale Road and Township Road 262, offering immediate estate living with meaningful long-term flexibility and opportunity. An approved concept plan outlines seven new distinct 10-acre country residential parcels, each benefiting from its own existing drilled well and captivating countryside views, creating a natural setting for a private family compound or a collection of estate homes.Set just minutes from both Calgary and Cochrane on paved, priority snow-cleared routes, the property combines rural quiet with easy access to city amenities, schools, shopping, and the mountains. The land features a blend of open pasture, gently rolling topography, and view corridors that lend themselves perfectly to walkout homes, private driveways, and multi-generational living.The existing concept plan and water infrastructure give future owners a valuable head start. You can design and build your own primary residence now while retaining additional parcels for family members, horses, a hobby operation, or future planning initiatives.For buyers seeking more upside, there is clear potential to explore additional country residential density, taking cues from the successful development immediately to the east, where higher-density is established (subject to Rocky View County approvals). Alternatively, the property can be enjoyed simply as a once-in-a-generation estate, with built-in options for the next owners.?A detailed concept plan is available for review. This is a true “head start” land opportunity: planning completed, wells in place, and a location in the path of continued growth. (id:39198)
Location
Province
Alberta
City
Rocky View
Address
Glendale
Postal Code
T4C1A2
Location Highlights
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Listed by
Real Broker 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
$2,150,000
Asking Price
$2,150,000
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
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Market Competition
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