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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,000
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
Discover nearly 19 acres of flat, fully useable land just minutes from Caroline. Currently in hay production, this property offers endless potential—whether you dream of developing your ideal homestead, hobby farm, or simply investing in a highly versatile piece of land. If you're looking for space to roam in the west, this property is a gem! With several excellent building sites to choose from and direct access off pavement, you’ll love the convenience of being only 5 minutes to Caroline and 20 minutes to Sundre. Groceries, schools, medical care, banking, and restaurants are all close at hand, while still enjoying the peace and privacy of rural living. A lovely creek winds along the north and east property lines, creating a natural boundary and adding to the property’s charm. Zoned Agricultural, it’s perfectly suited for livestock, crops, or generating income right from your own land. Outdoor enthusiasts will appreciate the property’s proximity to the west country—just a short drive to Burnstick Lake, the Raven River, and the James River, all offering renowned fishing. Hiking, camping, dirt biking, and endless adventures await. This is your chance to own an outstanding piece of Central Alberta countryside and make it your own slice of heaven. (id:39198)
Location
Province
Alberta
City
Clearwater
Address
Hwy 22
Postal Code
T0M0M0
Location Highlights
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Listed by
eXp Realty 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
$349,000
Asking Price
$349,000
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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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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