Price: $1,891,000
Lot Size: 2.8 acres
Property Type: Land
2016 B.C. Assessment Value: $288,000
City: Prince George
Province: B.C.
Name of Brokerage: William Wright Commercial
A parcel of land zoned for residential development has sold for nearly $1.9 million by William Wright Commercial, Western Investor has learned.
The 2.8 acres of development land sold for approximately six times its most recent assessed value of $288,000. There has been new multi-family units built on the land since it was last assessed. William Wright Commercial also brokered those six units. The land is located in the Westmount area of Prince George, near several anchoring tenants such as Walmart, Home Depot, Save-on-Foods and Canadian Tire. Prince George’s population is poised to expand at a healthy pace as more jobs come to the city due to pipelines and LNG projects.
The land is located at 6713 Westmount Dr., Prince George.
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