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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,149,000
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
Spanning 141.25 acres, this exceptional property is a prime opportunity for buyers seeking space, versatility, and modern amenities. Nestled amidst dense evergreens with Sylvan Lake's water edge nearby, it offers both natural beauty and practical functionality. The property features a state-of-the-art 40x60' insulated shop with overhead radiant heat, 16’ door, concrete floor with drain, a poured concrete apron, metal siding inside and out, perfect for heavy-duty projects. A massive, level gravel staging area is ideal for oilfield, industrial, or storage needs. Fully serviced with natural gas and electricity (100amp), the land is completely fenced and cross-fenced, boasting a premium steel gate entrance for added security and appeal. Additional highlights include a 8X53' trailer skid shack and a septic tank (shop drain), making this expansive property a rare find for industrial, agricultural, or recreational buyers looking for a blend of utility and serene surroundings. The land opens up to the SW & near the existing 8.77 acre house/parcel, which is also for sale - A2265232. The seller grazes between 80-100 head of bucking horses on this land. You could log some additional room depending on needs, everything is fenced/gated for grazing without issues around the wet areas; including the gravel area, which is enclosed back to the gate. Rainy Creek Rd. does not ban in the spring for heavy equip making this property ideal for commercial use. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
Township Road 400
Postal Code
T0M0X0
Location Highlights
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Listed by
Century 21 Advantage Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
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Financial Information
Yearly Rate
$1,149,000
Asking Price
$1,149,000
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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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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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