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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,561,000
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
PRIME LOCATION – This 128.09+/- acre property is nestled in between Gasoline Alley and McKenzie Industrial Business Park. Currently zoned agriculturally, this land holds great potential for rezoning and development or keeping as Crop Land. Developers and investors alike will appreciate the possibilities that lie within and will require minimal leveling and a development agreement with Red Deer County. Farmers with this parcel you can add it to your agricultural portfolio and watch your assets rise in value while you have great land to farm. With easy access to essential amenities, this parcel offers perfect convenience.128.09 +/- Total Acres consisting of 94.22 +/- acres of Cropland and 33.87+/- acres of low land. This parcel can be sold on its own or in conjunction with MLS# A2095737 for an additional 93.95 +/- acres. Whether you're a developer looking for the next big project or an investor searching for a sound long term plan, this property is one you won't want to overlook! (id:39198)
Location
Province
Alberta
City
Red Deer
Address
On Township Road 374
Postal Code
T4E1P8
Location Highlights
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Listed by
RE/MAX real estate central alberta - Lacombe Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
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
N/A
Financial Information
Yearly Rate
$2,561,000
Asking Price
$2,561,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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