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Land For Sale at Rural in Lacombe, Alberta

4 Sale ID #213818
Updated 24 May 2024

Asking Price

$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

Its "A Little Piece Of Heaven" just north of Benalto off of HWY 11! This prime36.37 Acre property has got it all! Trees, Creeks, Arable land(approx 13 acres @ $900/yr), Surface lease revenue X2(approx $7250/yr), and an Altalink lease of $678/yr! There are a couple great building sites on this land and it would make an awesome hobby farm as it has many options! Bring your campers, build your dream home, quad ride, dirtbike, or pitch a tent and just enjoy the piece and quiet only 15 minutes from Sylvan. Maybe even build a retreat! The options are endless and the opportunity is now! (id:39198)

  • MLS® : #A2113922
  • Date Listed : 08 Mar 2024

Location

Province

Alberta

City

Lacombe

Address

Rural

Postal Code

T0C0J0

Location Highlights

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Listed by

RE/MAX real estate central alberta - Sylvan Lake 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

N/A

Financial Information

Yearly Rate

$450,000

Asking Price

$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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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