17807 96 AVENUE, Surrey
$4,900,000
This 43,745 sqft property in Surrey is a detached single-family home on a lot the new rules make suitable for a multiplex. Surrey follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Surrey's larger lots and lower land prices often lift the number of units that pencil out.
Investor/Developer Alert: Rare opportunity to acquire approx. 1 acre of clean, usable land designated Light Industrial within the highly sought-after Anniedale-Tynehead NCP. Prime location with excellent exposure and quick access to Hwy 1, Hwy 15, Golden Ears Way, and Hwy 17. Property features a 1,491 SF house and clean graveled yard, ideal for interim use or holding income while awaiting future development. Excellent property for truck parking, outdoor material storage, and industrial-related uses. Located within one of Surrey’s fastest-growing industrial and employment areas with strong long-term upside potential. Excellent opportunity for investors, developers, and land bankers.
How this price compares
This lot asks $112 per square foot of lot. That is 25% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 137 of 529 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $4,900,000
- Lot size
- 43,745 sqft
- Lot dimensions
- 162.6 x
- Frontage
- 162.6 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Port Kells
- MLS® number
- R3124385
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Listing data via MLS®. Displayed for information only.