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Land For Sale at Hwy 43 And Twp Rd 534 in Parkland, Alberta

4 Sale ID #193271
Updated 20 Jun 2024

Asking Price

$219,000

Cap Rate help 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 an exceptional 10.21 acre property located in Parkland County with great proximity to both Highways 43 and 16. Five acres are seeded with alfalfa, and the remainder is pasture with a treed backdrop. Collect $2500 in yearly oil revenue, as well. Here's a wonderful opportunity to expand your farmable land or begin country life surrounded by gentle rolling countryside, just minutes from Stony Plain, Spruce Grove, and Onoway. Note: GST may be applicable. (id:39198)

  • MLS® : #E4369078
  • Date Listed : 05 Jan 2024

Location

Province

Alberta

City

Parkland

Address

Hwy 43 And Twp Rd 534

Postal Code

T0E0H0

Location Highlights

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Listed by

Century 21 Leading Alberta listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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

$219,000

Asking Price

$219,000

Cap Rate help 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 help 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 help 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 help 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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