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Land For Sale at On Highway 54 in Caroline, Alberta

4 Sale ID #205000
Updated 20 Jun 2024

Asking Price

$699,000

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

A bit more than a mile away from Caroline. Enjoy the west country right off the highway. The owner says it has 2 artesian year round springs. Several options to do with this almost full quarter. Approx 77 acres hay/grain farm land so that leaves approx 71 acres left for your options. Oil lease of approx $4500/year subject to change. (id:39198)

  • MLS® : #A2107537
  • Date Listed : 13 Feb 2024

Location

Province

Alberta

City

Caroline

Address

On Highway 54

Postal Code

T0M0B2

Location Highlights

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Listed by

Maxwell Real Estate Solutions Ltd. 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

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

$699,000

Asking Price

$699,000

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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