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Land For Sale at Merril School Road Lot in Corman Park, Saskatchewan

New
4 Sale ID #229184
Updated 04 May 2024

Asking Price

$189,000

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

Amazing opportunity for a new build in the country off valley road. Lot Located on Township 3063, 3km from valley road (762) and 1Km from highway 60 (Pike Lake) which is only minutes from Saskatoon. With this investment you will have ample opportunity for entertainment including: Strawberry ranch, Berry Barn, Black Fox distillery, Clubs Driving range, Moonlake Golf Course and the river just minutes away. Lot is 5 acres with no services, fence on two sides of parcel, measures 121.87 metres (front), 165.92 (side), 165.94 (side) and 121.90 (back). This lot has the ability for a walkout basement due to natural landscape and its mature trees throughout the parcel. (id:39198)

  • MLS® : #SK966611
  • Date Listed : 22 Apr 2024

Location

Province

Saskatchewan

City

Corman Park.

Address

Merril School Road Lot

Postal Code

S7J3J6

Location Highlights

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Listed by

RE/MAX Saskatoon 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

$189,000

Asking Price

$189,000

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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