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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,000,600
Cap Rate
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 large scale +202 acre parcel, zoned for Rural Area development, and eagerly awaiting a developer to claim this expansive site for a future project. Nestled within the growing Irishtown community, this piece of land offers endless possibilities for those seeking to shape the future of this thriving region. This site is ideal for a residential development or for various commercial usages. The parcel access is via the Caledonia Road path, off of Cape Breton Road. Cape Breton Road is a central residential hub in the area. The strategic positioning of this parcel ensures future connectivity to the heart of the community. In recent years, Irishtown has witnessed a surge in new residential subdivisions, reflecting the growing trend of embracing a rural lifestyle without compromising access to essential amenities. With the local population on the rise, these existing subdivisions are quickly reaching capacity, creating a substantial demand for new, well-planned residential spaces. This is your chance to be at the forefront of a thriving communitys evolution, contributing to its growth and becoming a part of its promising future. (id:39198)
Location
Province
New Brunswick
City
Irishtown
Address
Lot Route 115
Postal Code
E1H1V8
Location Highlights
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Listed by
Colliers International New Brunswick New Brunswick listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
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
$2,000,600
Asking Price
$2,000,600
Cap Rate
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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NOI
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
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
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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