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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$204,900
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
This expansive 20-acre parcel presents a prime opportunity for commercial development or residential use, thanks to its CR5 zoning, which allows for a wide range of uses. Situated close to the Teepee Creek Highway, this property offers the flexibility to create a variety of commercial ventures. The diverse landscape features both open fields and rolling hills, providing ample room for development while maintaining natural beauty. With its commercial zoning and vast potential, this parcel is an exceptional investment for developers and entrepreneurs alike. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
Range Road 43
Postal Code
T0H0C3
Location Highlights
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Listed by
Sutton Group Grande Prairie 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
$204,900
Asking Price
$204,900
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.
N/A
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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