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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$94,000
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
Fully treed acreage lot located just 15 +/- km North of Stony Plain. Explore this 3.64 Acres of pristine wooded land, located adjacent to Hwy 779 just north of the intersection at Hwy 633. Notably, this parcel features a 30 M service road dedication running parallel to the east boundary of Hwy 779, adding a practical aspect to its accessibility. Accessing the parcel is straightforward from Hwy 779, using the dedicated service road to reach the western boundary of the parcel. The eastern boundary follows closely to the natural creek bed, enhancing the appeal of the wooded area. To improve building flexibility on this site, discussions with Sturgeon County may offer potential relaxation of setback requirements, accommodating a development that aligns with the property's characteristics and individual needs of a successful buyer. Alternatively, this property holds promise as a peaceful weekend recreational retreat. Additionally, there are two (2) more parcels available (MLS A2081147 and A2081140), each offering distinct possibilities. Delve deeper into the property's specifications and offerings. This opportunity awaits your exploration. Additional property details are available on Realtors website. (id:39198)
Location
Province
Alberta
City
Sturgeon
Address
On On Sh 779
Postal Code
T0E1V0
Location Highlights
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Listed by
RE/MAX real estate central alberta - Lacombe 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
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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
$94,000
Asking Price
$94,000
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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