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23904 Fraser Hwy 1.36 Acres of Commercial Land Offered at $6,250,000 CAD in Langley, BC V2Z 2K8
INVESTMENT HIGHLIGHTS
- Exposure on Fraser Highway
- Good income for holding
- Perfect for owner user
- Future Development Potential
EXECUTIVE SUMMARY
Future development potential here with expansion of Fraser Highway corridor. 1.36 acres zoned C3 Highway Commercial which includes sales, rental or servicing of vehicles, trailers, recreational vehicles, mobile homes, boats, farm and industrial machinery and equipment, lumber and building supply yards, nurseries and garden supply centers, and hotels. Over $230,000 income per year. 550' frontage. Fenced gravel lot area. Older stand alone building and temporary structures used as office space. Access from Fraser Highway Eastbound and Westbound as well as Old Yale Road. Potential for $300k per year in income while holding.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $6,250,000 CAD | Lot Size | 1.36 AC |
| Price Per AC | $4,595,588.24 CAD |
| Price | $6,250,000 CAD |
| Price Per AC | $4,595,588.24 CAD |
| Lot Size | 1.36 AC |
Future development potential here with expansion of Fraser Highway corridor. 1.36 acres zoned C3 Highway Commercial. Over $230,000 income per year. 550' frontage. Fenced gravel lot area.
DESCRIPTION
Future development potential here with expansion of Fraser Highway corridor. 1.36 acres zoned C3. Over $240,000 income per year. 550' frontage. Fenced gravel lot area. Older stand alone building. Access from Fraser Highway Eastbound and Westbound as well as Old Yale Road. Potential for $300k per year in income while holding. Call for more info.
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eXp Realty Canada
23904 Fraser Hwy
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