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Land For Sale at Part 5 Elbow Ridge Road in Greater Sudbury, Ontario

4 Sale ID #173690
Updated 29 Apr 2024

Asking Price

$135,000

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

This is a fantastic lot to own out of the city limits. Who doesn't like cheap taxes? This building lot is an incredible 9.48 acre flat building lot, close to highway 69 clover for easy access to Southern Ontario and Sudbury. If you love to snowmobile or quad, the trails are close for easy access, as well there are many lakes to explore in the area. All building inquiries are to be addressed to the Sudbury East Planning Board. (id:39198)

  • MLS® : #2113931
  • Date Listed : 23 Oct 2023

Location

Province

Ontario

City

Greater Sudbury

Address

Part 5 Elbow Ridge Road

Postal Code

P3E4N1

Location Highlights

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Listed by

RE/MAX SUDBURY INC., BROKERAGE Ontario 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

$135,000

Asking Price

$135,000

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

N/A

Market Competition

N/A


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