2620 272 Street, Langley, BC V4W 2Z2

$31,500,000
List Price
$31,500,000
Status
ACTIVE
MLS® #
R2857093
Days on Market
218
Area
Langley
Community
Aldergrove Langley

Property Description

Currently Zoned SR-1 for large lot subdivision min. 3716 sq. m. suburban residential. ALR property but opportunity for long term hold and 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 East Langley/Aldergrove. Schools and sport/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, senior rental housing or townhome development. Ideal for large scale greenhouse, agricultural operations, winery, etc. A very unique 50 acre opportunity!!

Additional Information

Acres
50
Region
Langley
Title To Land
Freehold NonStrata
Gross Taxes
1692.00
Tax Year
2023

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Macdonald Commercial Real Estate Services Ltd

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.