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INVESTMENT HIGHLIGHTS
- Prime location near the fast-growing municipalities of Surrey and Langley.
- An excellent infill development opportunity at the corner of 72nd Avenue and 198A Street.
- Offers a range of redevelopment options.
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $5,369,219 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.72 AC |
| Property Type | Land | Cross Streets | 198A St |
| Price | $5,369,219 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.72 AC |
| Cross Streets | 198A St |
1 LOT AVAILABLE
Lot
| Price | $5,369,219 USD | Lot Size | 1.72 AC |
| Price Per AC | $3,121,638.79 USD |
| Price | $5,369,219 USD |
| Price Per AC | $3,121,638.79 USD |
| Lot Size | 1.72 AC |
1.72-acre rectangular parcel
DESCRIPTION
Situated in the Township of Langley, near Langley City, the Subject Property offers a prime development opportunity close to key amenities such as Willowbrook Shopping Centre, RioCan Power Centre, and numerous retail hubs along the 200 Street corridor and Langley Bypass. Langley’s population is projected to reach 200,000 by 2040, driving growth in jobs and businesses. The property falls under the 200th Street Corridor Plan, designated as “infill” within The Commons—a mixed-use, multigenerational village that fosters community through parks, plazas, and facilities like a seniors’ center and daycare.
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