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Land For Sale at Lot #7A Pepperrell Road in Cape St Marys, Nova Scotia

4 Sale ID #192197
Updated 03 May 2024

Asking Price

$1,658,438

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

Lot 7A +- 2.65 acres with +/- 330 feet ocean frontage: Pepperrell Road's PRIMARY and most expensive lot...bold and unapologetic, overlooking a massive rock shooting crashing waves dramatically into the air. Undoubtedly, this will be an architect's dream. Imagine turning off of Pepperrell Road onto your white oystershell driveway, winding among beautiful spruce trees...and then you see the incredible blue of the ocean!! - A spot so dramatic, calling out for an intimate arrival and as soon as you open that front door. Only one word will be uttered...WOW! Located adjacent to the owner's home, there will be no doubt you picked the best spot! ENJOY. And, the crème de la crème is Lot 7A allows you to step out your door and hop on the super amenity called The Cliff Walk at Pepperrell Road, and in a few minutes stroll along the ocean to the amazing planned Town Square at Pepperrell Road, ready to have an amazing meal overlooking the ocean! (id:39198)

  • MLS® : #202400101
  • Date Listed : 03 Jan 2024

Location

Province

Nova Scotia

City

Cape St Marys

Address

Lot #7a Pepperrell Road

Postal Code

B5A5B4

Location Highlights

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Listed by

RE/MAX Banner Real Estate(Yarmouth) Nova Scotia 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

N/A

Financial Information

Yearly Rate

$1,658,438

Asking Price

$1,658,438

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

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Market Competition

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