3428 262nd Street provides the opportunity to acquire a large 8,75 acre “near future” Industrial
Development Site in an extremely strategic location. Considered by Metro-Vancouver in the Regional
Growth Strategy and supported in the Township of Langley’s Official Community Plan, the Subject
Property’s future is destined to be developed as an Industrial site. As a “Non-Farm” use has been in
operation for the past 20+ years, it is inevitable that an Agricultural use will not again be realized on the
Subject Property. The neighboring properties are all “Non-Farm” uses which lends the entire area to
follow the “Land Use Concept” outlined in the Official Community Plan.
| Address | 3428 262nd Street Aldergrove |
| List Price | $20,000,000 |
| Type of Dwelling | COMM |
| Area | Langley |
| Sub-Area | Aldergrove Langley |
| Listing Brokerage | Sutton Group West Coast Realty |
| Site Influences | Location The Subject Property is in the Community of Aldergrove in the Township of Langley, B.C. It is situated between 262nd and 264th Streets and one block north of the Fraser Highway. In addition, as the Township’s southern boundary is the United States Border, the Subject Property is well positioned to utilize these strategic transportation corridors. Aldergrove is a mix of Rural, Residential, and business uses on the Township of Langley’s eastern border. Gloucester Industrial Park, retail shops and parkland are core to the identity of Aldergrove. |
| Features | Zoning and Redevelopment The Subject Property is currently zoned RU-3 - Rural. Notwithstanding this zoning, the Property has been used as “Non-Farm” use for several years. The neighborhood is supported by business’s which are all “Industrial” or “Light” Industrial uses. “Non-Farm” use is the identity of this area. Considered by Metro Vancouver and supported by the Township of Langley, an exclusion from the Agricultural Land Reserve is likely and this will be relative to timing dependent on Government policy. |
