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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,800,000
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
160 ACRES OR 64.7 HECTARES RAW LAND INSIDE BALZAC ANNEXATION. SOUTH EAST OF THE CITY OF AIRDRIE AND NEXT TO ARIDRIE AIRPORT. GREAT INVESTMENT LAND OR SUB-DIVISION POTENTIAL. East of Queen Elizabeth 11 Hwy - East on Township Road 270 - 1 km South on Range Road 292. South West of Airdrie Airport.- This land is extremely well situated to benefit from the expansion around it. With each major announcement, the land becomes more valuable. The MD of Rocky View has set records for development in an effort to meet strong real estate demand in the surrounding areas. Environmental Phase One & Site Plan completed (id:39198)
Location
Province
Alberta
City
Rocky View
Address
Range Road 292 W-4 R-29 T-26 S - Nw
Postal Code
T0M0E0
Location Highlights
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Listed by
RE/MAX REALTY PROFESSIONALS 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
$4,800,000
Asking Price
$4,800,000
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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