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Land For Sale at LOT COLONEL NASE Boulevard in Grand Bay westfield, New Brunswick

4 Sale ID #187781
Updated 02 May 2024

Asking Price

$1,200,000

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

Be part of the largest development opportunity in the area. Prime commercial real estate with 20+/- acres and approximately 1500 feet of road front will be the envy of your competitors. Easy access to highway 7, high visibility and traffic area with ease of access to beautiful Grand Bay-Westfield. Only 10 minutes from the city of Saint John and a quick 40 minutes to Fredericton. Seller is willing to negotiate the subdivision of the property at $115,000.00 per acre. Additional neighbouring property available. Call today for further details. (id:39198)

  • MLS® : #NB083740
  • Date Listed : 12 Dec 2023

Location

Province

New Brunswick

City

Grand Bay westfield

Address

Lot Colonel Nase Boulevard

Postal Code

E5V1E2

Location Highlights

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Listed by

RE/MAX PROFESSIONALS New Brunswick 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

$1,200,000

Asking Price

$1,200,000

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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