Currently Zoned SR-1 for large lot subdivision min. 3716 sq. m. suburban residential. ALR property but opportunity for long term hold and huge upside in land value when Langley approves residential development and supports removal from the ALR. Or develop as is residential/Agri farming. The property has residential subdivision development on 3 sides. Logical parcel for future residential expansion for East Langley/Aldergrove. Schools and sport/recreation complex nearby. Buy and hold for long term massive land value appreciation or strategic development application/land swap for removal from the ALR for large scale single family, senior rental housing or townhome development. Ideal for large scale greenhouse, agricultural operations, winery, etc. A very unique 50 acre opportunity!!
| Address | 2620 272 STREET |
| List Price | $31,500,000 |
| Property Type | Land Only |
| Type of Dwelling | Vacant Land |
| Area | Langley |
| Sub-Area | Aldergrove Langley |
| MLS® Number | R2857093 |
| Listing Brokerage | Macdonald Commercial Real Estate Services Ltd |
| Postal Code | V4W 2Z2 |
| Zoning | SR-1 |
| Tax Amount | $1,692 |
| Tax Year | 2023 |
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