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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,190,000
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
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)
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
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
$1,190,000
Asking Price
$1,190,000
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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