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Guildford high-density development site trades for $9.85M per acre

Two parcels offer flexible mixed-use development options
14328-14344-104-avenue-surrey
Two parcels at 14328-14344 104 Avenue, Surrey, sold July 4 for $12.9 million.

DEAL | Two parcels totalling 1.31 acres at 14328-14344 104 Avenue, Surrey, sold July 4 for $12.9 million, or $9.85 million per acre. The sale price came in above the assessed value of $12.1 million and worked out to $90 per buildable square foot based on a 2.5 floor area ratio (FAR). Situated close to both Surrey City Centre and Guildford Mall, the site offers flexible redevelopment options with retail at grade and residential condominiums or rental units above.

PRICE | $12,900,000

FROM | Kerman Pannu, Avison Young