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Land For Sale at RR 215 in Lethbridge, Alberta

4 Sale ID #259354
Updated 11 Dec 2024

Asking Price

$1,900,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Unique, never before offered for sale, here is a glorious, once in a lifetime opportunity for someone who has dreamed of building an iconic homestead overlooking the entire City of Lethbridge, with breathtaking views of Paradise Canyon, The Oldman River, and beyond. The sellers have installed water well with a flow rate of .5 igpm. This 5.51 acre parcel includes a 1.4 acre area suitable for building a large family home. Non permanent out buildings are permitted. Electrical and gas utilities are close by. Reports available for viewing after a conditionally accepted offer. Call the builder of your choice, and your realtor today for a walk around the property. Once you witness the view you could own for a lifetime, your long term vision will start to unfold. (id:39198)

  • MLS® : #A2147815
  • Date Listed : 09 Jul 2024

Location

Province

Alberta

City

Lethbridge

Address

Rr 215

Postal Code

T1K8G5

Location Highlights

N/A

Listed by

Century 21 Foothills South Real Estate Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$1,900,000

Asking Price

$1,900,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

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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