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Land For Sale at SE 13-49-1 W4th in Vermilion River, Alberta

4 Sale ID #179299
Updated 04 May 2024

Asking Price

$339,000

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

10 ACRES…just 3 km South of Lloydminster! This Alberta property is zoned Highway Development and is priced well below the assessed value. Extensive groundwork has been done as the present owner has built up the low spots and hauled in lots of clay. There’s really easy access as it’s located right beside Highway 17 on Township Road 492. Think of the possibilities! PLUS the adjoining 10 acres is available as a package so enquire how you can get the entire 20 acres! (id:39198)

  • MLS® : #A2092569
  • Date Listed : 09 Nov 2023

Location

Province

Alberta

City

Vermilion River

Address

Se 13-49-1 W4th

Postal Code

T9V3K2

Location Highlights

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Listed by

CENTURY 21 DRIVE 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

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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

$339,000

Asking Price

$339,000

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

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Market Competition

N/A


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