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Mission industrial land sale pushes values over $1M per acre

Sale price considered a record high for the size of the site, pushing industrial land values closer to that of Greater Vancouver
DD industrial land-Thompson-Avenue-Mission-CC-Sold

A 0.82-acre industrial site in Mission, B.C, has sold for $989,000, nudging local land values close to that of Greater Vancouver, and considered a record-high price for Mission industrial land.

Breakdown:

Property type: Industrial land

Location: Thompson Avenue, Mission, B.C.

Site size: 0.82 acres

Zoning: Industrial

Sale price: $989,000

Date of sale: October 10, 2019

Brokerage: Frontline Real Estate Services, Langley

Brokers: Todd Bohn, Kyle Dodman