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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,200,000
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
Exceptional Investment Opportunity – 194 Acres on Gull LakeDiscover a rare chance to own 194 pristine acres on the shores of beautiful Gull Lake in Central Alberta. With AG zoning, this expansive parcel offers limitless development potential, from recreation to residential.Gull Lake is a renowned destination for boating, fishing, and year-round outdoor fun, perfectly positioned between Calgary and Edmonton. There is no existing development plan, giving you a blank canvas to create your vision—whether that’s future subdivision, estate lots, or a private lakeside retreat.Location Highlights:Minutes from Highway 12Access via Lincoln Road and Township Road 414Gorgeous natural surroundingsPotential for multiple residences per lotImmediate possession available. Whether you're a developer, investor, or visionary builder, this is your opportunity to make a lasting impact on one of Alberta’s most scenic lakeside areas. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
Range
Postal Code
T4L2N1
Location Highlights
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Listed by
CIR Realty Alberta listing
Category
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
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
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Financial Information
Yearly Rate
$4,200,000
Asking Price
$4,200,000
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
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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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