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Land For Sale at Lot Seven Mile Road|Route 4 in Cardross, Prince Edward Island

4 Sale ID #152442
Updated 05 May 2024

Asking Price

$299,000

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

Lot Size

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Building Size

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Premise Summary

55 total Acres under 2 separate Parcels of Land in Eastern PEI...35 Acres and 20 Acres. The Acreage consists of Hardwood bush, Softwood bush, and approximately 20 Acres of currently used Farmland , with additional Acreage easily converted to Usable Farmland. Come take a look, "Believing Is Seeing". Please note: C21 Gold-Post Signs on the Property , feel free to walk the Acreage at your leisure. PID 161240 and PID 637785 Included in The Sale. (id:39198)

  • MLS® : #202318616
  • Date Listed : 05 Sep 2023

Location

Province

Prince Edward Island

City

Cardross

Address

Lot Seven Mile Road|route 4

Postal Code

C0A1G0

Location Highlights

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Listed by

CENTURY 21 COLONIAL REALTY INC Prince Edward Island 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

$299,000

Asking Price

$299,000

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.

N/A

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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