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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,500
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
51.67 ACRE ESTATE STYLE BUILDING LOT WITH PERFECT BLEND OF CLEAR ACREAGE, MATURE FOREST + A CREEK WITH A POND! This breathtaking rural wonderland is just 4 minutes to your local Tim Hortons & anything else you'll need in Parkhill, only 20 minutes to world classes beaches, boating, & fishing in Grand Bend, & only 25 minutes to London. What a superb location! At the edge of town with over 50 acres & surrounded by gorgeous rolling pastures & mature woods, you can establish premium privacy in the context of executive estate style living with A1 North Middlesex zoning that permits a variety of uses allowing for a substantial family home plus accessory buildings covering up to 10% of property! The possibilities are veritably limitless given the size & scale of the achievable coverage at a property like this. Looking for the perfect site to make your family's dreams come true with a manor style home & grounds exhibiting a level of luxury that is simply not achievable with a standard sized property? Looking to surprise your kids with their own enclosed pool house, a private ice rink, a professional horse barn with kilometers of trails, or to create the ultimate bed & breakfast experience offering those same amenities? This is the spot! It's not often these parcels become available with such exceptional proximity to ever-growing & prosperous markets such as Grand Bend & London. This epic site features just over 20 acres cleared land, high & dry, ready for development and/or farming with easy drive-in access already established off Nairn Rd. The back 26 to 28 acres boasts a creek & a pond plus a forested bush area for trails and recreation. A 100mm municipal water connection & electricity service are both available at the lot line with natural gas only a few hundred mtrs away + the elevation of the property not requiring any attention for development make this a once in a lifetime offering! (id:39198)
Location
Province
Ontario
City
North Middlesex
Address
Nairn
Postal Code
N0M2K0
Location Highlights
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Listed by
ROYAL LEPAGE TRILAND REALTY Ontario 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
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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
$849,500
Asking Price
$849,500
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)
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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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