Nine acres of industrial development land sold in Abbotsford
The property was listed for more than a $1 million per acre
Colliers Internationalfor Western Investor
January 5, 2017
List Price: $9,500,000
Lot Size: 8.84 acres
Property Type: Land
2016 B.C. Assessment Value: $9,370,000
Name of Brokerage: Colliers International
Nearly nine acres of West Abbotsford industrial land been brokered by Colliers International.
Colliers’ agents Malcolm Earle and Randy Heed facilitated the sale and listed the property at $9.5 million. The development site has direct access to Highway 1 and is only five minutes away from Abbotsford International Airport. Off-site improvements were to have been completed by Nov. 1, 2016. The site is zoned as I2 (General Industrial Zone), allowing for a variety of light industrial uses including manufacturing and warehousing.
The property is located at 3311 Mt. Lehman Rd. in Abbotsford.
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