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Land For Sale at On SH 633 in Sturgeon, Alberta

4 Sale ID #159335
Updated 03 May 2024

Asking Price

$389,000

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

Expansive pastureland located just 15 +/- km North of Stony Plain. Discover 64.77 Acres of rolling farmland, ideally suited for summer livestock grazing. Situated adjacent to Hwy 779 on the west border and intersecting Hwy 633 running to the east on the north side of SH 633, this parcel offers convenient accessibility.Accessing this plot is made easy via SH 633, enhancing its practicality and user-friendliness. Alberta Transportation has designated two access points based on intended usage, whether it's agricultural activities or potential building development. Presently, access is facilitated through the neighboring parcel (MLS A2081147), as the two contiguous parcels are being utilized for summer livestock grazing.A notable feature is the shared northern boundary between the 3.64-acre (MLS #A2081133) and 152.52-acre (MLS #A2081147) parcels, which are both also on the market, providing further possibility for expansion. Delve deeper into the property's specifications and offerings. This opportunity awaits your exploration. Additional property details are available on Realtors website. (id:39198)

  • MLS® : #A2081140
  • Date Listed : 15 Sep 2023

Location

Province

Alberta

City

Sturgeon

Address

On Sh 633

Postal Code

T0E1V0

Location Highlights

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Listed by

RE/MAX real estate central alberta - Lacombe 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

$389,000

Asking Price

$389,000

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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