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Land For Sale at NE 28-70-6-W6 in Grande Prairie, Alberta

4 Sale ID #280189
Updated 14 Nov 2024

Asking Price

$1,190,000

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

Looking for a gorgeous property with enough land to provide space and privacy from neighbors for your new dream home? Have you always wanted the option of owning cattle or horses, or are you considering developing a beautiful acreage subdivision close to Grande Prairie? This magnificent 133-acre parcel is currently zoned Agricultural (most flexible zoning), is less than 5 minutes south of Grande Prairie, and would be an ideal property for any of these opportunities! Scenic terrain offers rolling pasture and mature forest of pine, spruce and poplar with sandy ridges and hills throughout. Property is bordered by crown land to the East (currently used by the Wapiti Nordic Center) and crown land to the South (currently used as a grazing lease). From a development perspective this location has everything: proximity to town, scenic terrain with great building sites, excellent access, wells in the area and municipal servicing potential. Take the short drive out to visit this one-of-a-kind property! (If you plan on exploring the land, please let your realtor know so quick notice can be given to neighboring landowner who is currently grazing cattle on this property). (id:39198)

  • MLS® : #A2164098
  • Date Listed : 09 Sep 2024

Location

Province

Alberta

City

Grande Prairie

Address

Ne 28-70-6-w6

Postal Code

T8V2Z8

Location Highlights

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Listed by

Royal LePage - The Realty Group Alberta 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

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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 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

$1,190,000

Asking Price

$1,190,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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