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Land For Sale at Lot 8 Middlesex RD in Colpitts Settlement, New Brunswick

4 Sale ID #87909
Updated 28 Apr 2024

Asking Price

$64,900

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

9.19 acres Building Lot, 892 Feet Road Frontage, Land is the 8th lot after 105 Middlesex Rd. Salisbury on the same side of road just before the house on the corner, only 18 mins from Moncton and 7 mins from Salisbury. Enjoy the serenity of Life surrounded by nature while being only a few mins from the city and all amenities. The property has electricity right at the door. Easy access to Highway and other 3 major roads. Don't miss this opportunity to build equity! HST not included in sale price. Property Assessment and Property Taxes are going to change with new PID. PID 00956177 to be subdivided on closing at owners cost, Contact your REALTOR® for more details (id:39198)

  • MLS® : #M143609
  • Date Listed : 28 Jun 2022

Location

Province

New Brunswick

City

Colpitts Settlement

Address

Lot 8 Middlesex Rd

Postal Code

E4J1G7

Location Highlights

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Listed by

Exit Realty Associates New Brunswick 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

$64,900

Asking Price

$64,900

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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