Richmond industrial site sold for $750,000 above assessment

18,296-square-foot lot with 11,500-square-foot industrial building fetches $4.37 million

By
for Western Investor
September 10, 2019





DD Richmond VoyageurWay11751-donedeal

An 11,500-square-foot industrial building on an 18,296-square-foot lot in Richmond sold for $4.37 million, approximately $750,000 above its assessed value

Breakdown:

Property type: Industrial

Property location: 11751 Voyageur Way

City: Richmond, B.C.

Building size: 11,500 square feet

Land size: 18,296 square feet

BC Assessment value: $3,623,000

Selling price: $4,375,000

Date of sale: August 30, 2019

Brokerage: NAI Commercial

Agents: Steven Chen, Ruby Wang


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