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Land For Sale at ON Range Road 214 in Northern Lights, Alberta

4 Sale ID #164745
Updated 05 May 2024

Asking Price

$249,000

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

Amazing opportunity to own just over 75 acres of land overlooking the beautiful Peace Valley! This is the perfect place to build your dream home or to use as a weekend get away! The yard is immaculately kept with several out buildings including several substantial sheds a woodworking shop, older barn, and cabin. The buildings including the cabin have power run to them and have been very well kept. Gas has also been plumbed to the workshop and the old home. The old home has been removed but the foundation has been left in place for the future buyer to reuse or remove. You will be sure to appreciate the very nicely landscaped yard complete with plums, apples, crab apples, cherries, grapes, and rhubarb as well as an established garden spot. There is a large dug out perfect for watering and access will never be an issue with a brand new drive way which has just been put in. Additionally about 30 acres is open and currently in hay. Make an appointment to view this spectacular property today! (id:39198)

  • MLS® : #A2041786
  • Date Listed : 20 Apr 2023

Location

Province

Alberta

City

Northern Lights

Address

On Range Road 214

Postal Code

T8S1T1

Location Highlights

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Listed by

RE/MAX Northern Realty 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

$249,000

Asking Price

$249,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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