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Chilliwack industrial land sells $5M over assessment

5.5-acres of serviced M5 zoned industrial land in Chilliwack, B.C., transacted at $9.9 million in an off-market deal
CASM Global, Vancouver, for Western Investor
8300-aitken-rd-chilliwack
CASM Global, Vancouver, for Western Investor (Site shown prior to bridge expansion, servicing)

Property type: Industrial land

Location: 8300 Aitken Road, Chilliwack, B.C.

Land size: 239,144 square feet

Land size in acres: 5.5 acres

Zoning: M5 industrial

Floor space ratio: FSR 1.0

BC Assessment value: $4.82 million

Sale price: $9.9 million

Brokerage (represented the buyer): CASM Global, Vancouver

Broker: Steve Da Cruz