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Potential high-rise site in North Delta sells for $16 million

The 0.73-acre site in the Scott Road corridor of Delta, B.C., sold at the full asking price.
Fraser Elliott Commercial, Vancouver, for Western Investor
North Dela FE
Fraser Elliott Commercial, Vancouver, for Western Investor

Property type: Land for development

Location: 9321 120 Street, Delta, B.C.

Land size: 31,255 square feet

Land size in acres: 0.738  acres

Zoning: C1

Potential: High-risetower in the Townline Innovation District 

List price: $16 million

Sale price: $16 million

Date of sale: January 13, 2022

Brokerage: Fraser Elliott Commercial,  Vancouver

Broker: Fraser Elliott