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Land For Sale at Lot C- Melness Road in Corman Park, Saskatchewan

New
4 Sale ID #225280
Updated 02 May 2024

Asking Price

$145,000

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

Great opportunity here! Live within minutes of Saskatoon while enjoying the peace and lifestyle of acreage living! This5 acre property is ready for you to make your dream home a reality. Let the kids run free, host large friends & family gatherings or just enjoy some space for yourself. With no building restrictions you can build what suits you best! Just 10 minutes south of Stonebridge off Highway 11 with pavement most of the way, you can't miss with this land opportunity! Call for more information. Directions: Heading South from Saskatoon in Hwy 11 turn east on Melness Rd (Twnship rd 352) drive to the first cross road then turn south (right) on range road 3045, the land is on the west side of the road. Google maps pin: (51.988332, -106.551546) (id:39198)

  • MLS® : #SK965749
  • Date Listed : 11 Apr 2024

Location

Province

Saskatchewan

City

Corman Park.

Address

Lot C- Melness Road

Postal Code

S7K3J8

Location Highlights

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Listed by

Boyes Group Realty Inc. Saskatchewan 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

$145,000

Asking Price

$145,000

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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