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2675 Lodgepole Rd - Deloume Rd Land 1.1 Acres of Commercial Land Offered at $864,242 USD in Mill Bay, BC V8H 1B1
INVESTMENT HIGHLIGHTS
- Dual road frontage with controlled highway access.
- Steps from Mill Bay Shopping Centre and Brentwood College.
- Rapidly growing area with strong commuter and student demand.
- Flat, cleared site with full municipal servicing.
- Zoned R3 Village Residential with flexible density options.
EXECUTIVE SUMMARY
CBRE Victoria is pleased to present a rare opportunity to acquire 1.1 acres of development-ready land in the heart of Mill Bay, BC. Located steps from the Mill Bay Shopping Centre and adjacent to a controlled intersection at Highway 1 and Deloume Road, this site offers exceptional visibility and access for both northbound and southbound traffic. Mill Bay is a rapidly growing community within the Shawnigan region, offering a blend of coastal charm and commuter convenience. The area is well-connected to Victoria and Nanaimo via Highway 1 and benefits from a strong demographic base including students, families, and professionals. With buildable density scenarios ranging from 1:1 to 2:1 FSR, developers have flexibility to tailor the site to market demand.
This is a strategic opportunity to deliver housing in a high-demand corridor with excellent infrastructure, walkability, and lifestyle appeal.
This is a strategic opportunity to deliver housing in a high-demand corridor with excellent infrastructure, walkability, and lifestyle appeal.
PROPERTY FACTS
| Price | $864,242 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.10 AC |
| Property Type | Land | ||
| Zoning | R-3 - Village Residential | ||
| Price | $864,242 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.10 AC |
| Zoning | R-3 - Village Residential |
1 LOT AVAILABLE
Lot 1
| Price | $864,242 USD | Lot Size | 1.10 AC |
| Price Per AC | $785,674.55 USD |
| Price | $864,242 USD |
| Price Per AC | $785,674.55 USD |
| Lot Size | 1.10 AC |
1.1 Acres of mostly cleared and flat development land
DESCRIPTION
The property features dual frontage on Deloume Road and Lodgepole Road, with all municipal services available to the lot. Its flat, mostly cleared topography makes it ideal for residential development, supported by R3 Village Residential zoning. The site is within walking distance of Brentwood College School, the Mill Bay Ferry terminal, and a wide range of retail and service amenities including grocery, banking, dining, and fuel stations.
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2675 Lodgepole Rd - Deloume Rd Land
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