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Land For Sale at TWP 360 - RR 283C in Innisfail, Alberta

4 Sale ID #76183
Updated 27 Apr 2024

Asking Price

$4,999,000

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

136.43 Acres of PRIME Residential Mixed Development Land adjoining the Current Hazelwood Residential Development and the Innisfail Golf Club right in the Heart of Innisfail Alberta. This unique property is an Excellent Investment and Development Opportunity while Currently serving Agricultural needs. Zoned RD (Reserved for Future Development within Innisfails current NASP) this Land is an Integral and Main Component to the Expansion of the Innisfail Community. This is a Very Rare Investment Opportunity! (id:39198)

  • MLS® : #E4256665
  • Date Listed : 30 Jul 2021

Location

Province

Alberta

City

Innisfail

Address

Twp 360 - Rr 283c

Postal Code

T4G1R7

Location Highlights

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Listed by

Century 21 All Stars Realty Ltd 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

N/A

Financial Information

Yearly Rate

$4,999,000

Asking Price

$4,999,000

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

N/A

Market Competition

N/A


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