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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$234,900
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
**WALKOUT LOT**SPRUCE VILLAGE**MATURE COMMUNITY**30 POCKET LOT**4473 SQFT**Nestled just steps from the vibrant Jubilee Park, this prime walkout lot offers the perfect setting to bring your dream home to life. Situated in the welcoming and family-friendly community of Spruce Village, you’ll be surrounded by the charm of established neighborhoods and the beauty of nature at your doorstep. magine trails leading to peaceful green spaces, scenic ponds, and a park filled with year-round activities—spray park in the summer, skating in the winter, frisbee golf, playgrounds, and even a basketball court. Daily conveniences are close at hand, with shops, schools, and groceries within walking distance, plus quick access to major routes for an easy commute. This location combines the warmth of a well-loved community with endless opportunities to enjoy the outdoors. A truly ideal place to build your brand-new home in the heart of Spruce Grove. (id:39198)
Location
Province
Alberta
City
Spruce Grove
Address
Voleta
Postal Code
T7X0J8
Location Highlights
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Listed by
Nationwide Realty Corp 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
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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
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
$234,900
Asking Price
$234,900
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
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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