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Land For Sale at RR 201 TWP 585 A in Thorhild, Alberta

4 Sale ID #302077
Archived 17 Nov 2024

Asking Price

$3,450,000

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.

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Lot Size

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Building Size

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Premise Summary

(768 acres) Cattle/Grain Land at Radway! Located on Alberta's oldest developed road the Victoria Trail between Radway and Waskatenau along the pristine North Saskatchewan River RR201-Twp585A. The property has beautiful sweeping River Views, Creeks, and the land has excellent developable potential for acreage subdivisions, camping, ATV's, horse trail riding, acreages or a golf course potential. There is a gravel source on the property for revenue, personal use for a farm operation, or for a subdivision development. Come 1 hour North of Sherwood Park to view this piece of paradise of rolling land with trees, river and creeks, and home to some wildlife bear, elk, moose, deer. (id:39198)

  • MLS® : #E4402347
  • Date Listed : 16 Aug 2024

Location

Province

Alberta

City

Thorhild

Address

Rr 201 Twp 585 A

Postal Code

T0A2V0

Location Highlights

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Listed by

RE/MAX River City Alberta listing

Category

land

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 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

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Financial Information

Yearly Rate

$3,450,000

Asking Price

$3,450,000

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.

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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.

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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

N/A

Market Competition

N/A

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