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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$749,900
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
Situated west of Sylvan Lake along Range Road 30 in the County of Lacombe, this 77.6-acre parcel offers an excellent blend of agricultural use and investment potential. Located in a quiet rural setting between Sylvan Lake and Bentley, the property enjoys strong regional connectivity with easy access to Highway 11 and surrounding communities.The land was re-seeded to hay approximately 18 months ago, with one crop already harvested, making it productive and ready for continued agricultural use. The property also features surface revenue from an existing well site, along with a secondary access point, providing both functionality and flexibility for future operations.With gently rolling topography, ample room for future construction of a barn, corrals, or shop, and no existing well or septic, the site offers a blank slate for development suited to your own vision. Access is provided by well-maintained gravel county roads, ensuring year-round usability.A versatile parcel in a prime Central Alberta location — less than 10 minutes to Sylvan Lake and 20 minutes to Red Deer — offering income, usability, and long-term potential. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
Range Road 30
Postal Code
T0C0J0
Location Highlights
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Listed by
Century 21 Maximum 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
$749,900
Asking Price
$749,900
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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