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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,000
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
Nestled just 7 minutes from town, you'll experience the perfect blend of rural tranquility and urban convenience. This location provides the luxury of privacy and open spaces without sacrificing accessibility to amenities and services. Imagine the possibilities on this sprawling canvas of land — from creating your dream equestrian estate with ample space for horses to roam, to building a custom residence that captures the essence of country living. The opportunities are as vast as the land itself. Whether you're an aspiring equestrian or someone who simply appreciates the beauty of untouched nature, this vacant land promises a lifestyle of tranquility and connection to the natural world. Enjoy the freedom to design and build your own oasis while still being a short drive away from the conveniences of town life. In summary, this 12-acre vacant land is a rare gem, offering green pastures and a perfect setting for horses, all within a mere7-minute drive from town. Seize the opportunity to transform this blank canvas into your own slice of paradise. (id:39198)
Location
Province
Ontario
City
Murillo
Address
Nicholetts Rd
Postal Code
P0T2G0
Location Highlights
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Listed by
ROYAL LEPAGE LANNON 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
$139,000
Asking Price
$139,000
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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