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Maple Ridge industrial land sold at highest to-date per-acre price

The two industrial lots sold for $675,000 per acre, making it the priciest per-acre sale in the Kanaka Business Park area
kanaka business park
 
Price: $1,350,000
Lot Size: 2 acres
Price per SQFT: $675,000
Property Type: Land
Zoning: M-2
2016 B.C. Assessment Value: $870,000
City: Maple Ridge 
Province: B.C. 
Name of Brokerage: Frontline Real Estate Services Ltd. 
 
Two acres of industrial land in Maple Ridge has sold for $1.35 million, according to Kyle Dodman of Frontline Real Estate Services. 
 
The two parcels of land in the Kanaka Business Park achieved the highest per acre sale price to date in the area, according to Frontline. The properties sold for $675,000 per acre. The sites have been leveled, graded and zoned for general industrial. Zoning allows for a variety of uses, including manufacturing, distribution and outside storage. 
 
The property is located at 12890 and 12910 Katonien St., Maple Ridge, east of 256th St. and Dewdney Trunk Rd. 
 
 
 

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