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Land For Sale at Range Road 43 in Grande Prairie, Alberta

4 Sale ID #282196
Updated 14 Nov 2024

Asking Price

$204,900

Cap Rate help 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

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)

  • MLS® : #A2165623
  • Date Listed : 13 Sep 2024

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

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$204,900

Asking Price

$204,900

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

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Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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