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2620 272 Street
Aldergrove Langley Langley V4W 2Z2

$31,000,000
Agri-Business, Land Commercial

Main Photo: 2620 272 Street in Langley: Aldergrove Langley Agri-Business for sale : MLS®# C8036313
Status:
Active
Prop. Type:
Agri-Business, Land Commercial
MLS® Num:
C8036313
Currently Zoned SR-1 for large lot subdiv. min. 3716 sq.m. suburban Residential. ALR property but opportunity for long term hold & huge upside in land value when Langley approves residential development and supports removal from the ALR. Or develop as is residential/Agri farming. The property has residential subdivision development on 3 sides. Logical parcel for future residential expansion for easy Langley/Aldergrove. Schools and sports/recreation complex nearby. Buy and hold for long term massive land value appreciation or strategic development application/land swap for removal from the ALR for large scale single family or townhome development. Owner will sell a portion to Joint Venture with partner.
Sale Type:
Asset
Property Type:
Agri-Business, Land Commercial
Construction:
Mixed
Wrhse Size:
3,000 sq. ft.
Land Use/Zoning:
SR-1 M
Taxes:
$1,420 / 2020
Services Connected:
Cable at Lot Line, Electricity, Natural Gas at Lot Line, Telephone, Sanitary sewer at Lot Line, Storm Sewer at Lot Line
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 2620 272 Street in Langley: Aldergrove Langley Agri-Business for sale : MLS®# C8036313
    Photo 1 of 1
Listed by Macdonald Commercial Real Estate Services Ltd
Data was last updated April 11, 2021 at 12:10 PM (UTC)
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