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Suite of tools & services
Benefits
Asking Price
$2,498,000
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
Located in the future of Niagara Falls, on the same street as the 4 billion dollar Niagara hospital, currently under construction, this 25 ACRE parcel with an impressive 643ft frontage width offers approximately 10 acres already cleared and backing onto semi-circle of protected forest. Urban boundaries have been extended and are very close, making this investment a perfect opportunity for future development, or severence. Or, build your mansion with enough room for equestrian privileges, farm capabilities, or other veterinarian options under current zoning. With excellent proximity to Niagara Falls cataract, golf courses, local amenities (2 min drive away from macleod rd, Costco, Wallmart, Lowes, Metro) and excellent QEW access (2 min drive away from cut off), the value is only vaulting with this once in a lifetime investment opportunity. Buyer to perform due diligence for uses and potential severance, and will purchase as 'raw land'. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
9940 Biggar Road
Postal Code
L0S1K0
Location Highlights
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Listed by
REVEL Realty Inc., Brokerage Ontario 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
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Financial Information
Yearly Rate
$2,498,000
Asking Price
$2,498,000
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
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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