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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,434,000
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
Unique listing alert! Less Than 3km from Gull Lake in Ponoka County, there is no other property around that can compare. This 159.5-+/- acre parcel is fully treed and is the perfect blank canvas to jumpstart your vision. Whether you want to re-zone and subdivide into larger parcels or get creative and thoughtfully build a master planned community comprised of mini acreages. In this beautiful grove, the possibilities are endless. Utilize the stunning natural surroundings that this large plot of land has to offer and design the site use around the existing peaceful and established woodland. This ideal location offers not only the allure of natural splendor but also the convenience of proximity. Situated just 2km from the charming Village of Gull Lake, residents will find essential amenities within easy reach. Moreover, the array of recreational activities beckons, with nearby attractions like Parkland Beach, Summer Village of Parkland Beach, Gull Lake Public Beach, and Gull Lake Golf Course providing endless possibilities for leisure and adventure. The secluded nature of this property invites you to create an idyllic escape that epitomizes harmony with the natural world. Surrounded by the whispers of the wind and the rustling leaves, you'll find inspiration in every corner of this unique landscape. Seize this one-of-a-kind opportunity today! (id:39198)
Location
Province
Alberta
City
Ponoka
Address
On Range Road 14
Postal Code
T0C2J0
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
$1,434,000
Asking Price
$1,434,000
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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