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Land For Sale at On Range Road 234 in Ponoka, Alberta

New
4 Sale ID #241359
Updated 20 Jun 2024

Asking Price

$1,099,000

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

Excellent 154.99 acre parcel located just off the pavement east of Ponoka. This unique property includes approximately 90 acres of cropland, 15 acres of wooded land, and 50 acres of pasture, situated in the heart of Central Alberta among prime farmland. The property features a driveway leading to a private, tree-lined yard site with an older well, power, and a Quonset with a bathroom. It's an ideal location to build your dream home. The farmland, leased over the years, has consistently produced crops of canola, barley, and wheat. Additionally, there's an annual income of $2,700 from a well/road lease. This is an excellent opportunity to start or expand your farming operation! (id:39198)

  • MLS® : #A2134020
  • Date Listed : 22 May 2024

Location

Province

Alberta

City

Ponoka

Address

On Range Road 234

Postal Code

T4J1R1

Location Highlights

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Listed by

RE/MAX real estate central alberta - Ponoka 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

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Financial Information

Yearly Rate

$1,099,000

Asking Price

$1,099,000

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

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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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