10860 124 STREET, Surrey | $5,495,000

This rare industrial land offering presents a prime opportunity for owner-operators, investors, and developers alike. The subject site consists of bare industrial land ready for a wide range of uses. New owners can hold for the inevitable redevelopment of the area or use it for their business in one of the most desirable industrial zones in the Lower Mainland. The Official Community Plan (OCP) designates the area for Mixed Employment, allowing for development up to 1.5 FAR within Frequent Transit Development Areas and Urban Centres. This designation supports a mix of industrial, commercial, business, and office uses not suited for Town Centres or commercial hubs. Potential uses include business parks, large-scale retail outlets with warehousing, outdoor storage, and vehicle/equipment servicing. Office uses related to industrial activities, construction trades, equipment assembly, repair, and testing are also permitted. Public facilities are allowed within this versatile and strategically located site.

Description

This rare industrial land offering presents a prime opportunity for owner-operators, investors, and developers alike. The subject site consists of bare industrial land ready for a wide range of uses. New owners can hold for the inevitable redevelopment of the area or use it for their business in one of the most desirable industrial zones in the Lower Mainland. The Official Community Plan (OCP) designates the area for Mixed Employment, allowing for development up to 1.5 FAR within Frequent Transit Development Areas and Urban Centres. This designation supports a mix of industrial, commercial, business, and office uses not suited for Town Centres or commercial hubs. Potential uses include business parks, large-scale retail outlets with warehousing, outdoor storage, and vehicle/equipment servicing. Office uses related to industrial activities, construction trades, equipment assembly, repair, and testing are also permitted. Public facilities are allowed within this versatile and strategically located site.

General Info


MLS Listing ID: C8060306 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 33234 sqft Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .