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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,850,000
Cap Rate
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
This expansive 138-acre AG-zoned property is a rare opportunity for future development, ideally positioned with unbeatable frontage along Highway 43. As part of an already approved Area Structure Plan (ASP), this land offers immense potential for investors and developers alike. With convenient access from Range Road 52 and proximity to the established Hawker Industrial Parks, this quarter section provides all the benefits of a large-scale property for the cost of a single lot. The infrastructure is already in the area, with municipal water, Telus fiber, Atco gas, and electricity services available on neighboring lots, saving time and money. Whether you're looking to develop or invest, this property is ready to move forward with significant sunk costs already invested. Don’t miss out on this rare opportunity! Contact a Commercial Realtor® today to explore this prime development-ready land. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
Se 15-72-5-w6 ..
Postal Code
T8X0T1
Location Highlights
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Listed by
RE/MAX Grande Prairie Alberta listing
Category
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$2,850,000
Asking Price
$2,850,000
Cap Rate
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
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
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
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
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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