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Business park land in Surrey sold for high per-acre price

The $2.64M sale in Campbell Heights is considered a hefty price for 2.08 acres of industrial land
campbell heights
The properties lie near the Surrey - Delta border.
Price: $2,964,000
Lot Size: 2.08 acres
Property Type: Land
Zoning: IB-1
2015 B.C. Assessment Value: $1,870,000
City: Surrey
Province: B.C.
Name of Brokerage: Frontline Real Estate Services Ltd.
Frontline Real Estate Services has brokered a transaction of one of the highest price-per-acre sales of industrial land in Surrey, Frontline agent Kyle Dodman reports. 
The two-property sale totals 2.08 acres of industrial business park land and sold for $2,964,000. The properties are located in Campbell Heights, with efficient access to the U.S. and Canada border. Outside storage is permitted on the land, and zoning allows for development of commercial, warehouse and distribution type facilities. The purchase price was inclusive of development cost charges.  
The properties are located at 18727 and 18747 25 Ave., Surrey.

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