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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$829,000
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
Newly cultivated and ready for seeding — this 160-acre parcel offers an excellent opportunity to own productive farmland in a strong agricultural area. Worked and converted from pasture in the fall of 2025, the land is now ready for its first crop.The property is already subdivided into two 80-acre titles, offering flexibility for building, resale, or multi-use operations. Approximately 145 acres are cultivated and level, with the remaining 15 acres treed, providing natural shelter and diversity. The land features Class 2 soil, well-suited for grain farming, cattle, or mixed operations, and is fully fenced for livestock if desired.A dugout provides reliable water access, and sand reserves estimated at 30,000 cubic yards add extra long-term investment potential. Conveniently located near the communities of Legal and Vimy, this quarter combines easy access to amenities with a quiet rural setting.Whether you’re looking to expand your farm, build your dream homestead, or hold valuable land as an investment, this property presents a rare and versatile opportunity.Legal Land Description: SW-36-58-24-W4 (id:39198)
Location
Province
Alberta
City
Westlock
Address
Range Road 241
Postal Code
T0G2J0
Location Highlights
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Listed by
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
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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
$829,000
Asking Price
$829,000
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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