A 6.08-acre parcel of industrial land in Cloverdale has sold for $9.36 million, Avison Young tells Western Investor.
The property includes a two-storey warehouse and storage facility, built in 1963. The purchaser engaged Avison Young to assist them in finding a property to relocate their business, resulting in this off-market sale. The property has an assessed value of $8.5 million.
The property is located at 5228 184th St., Surrey.
Breakdown:
Price: $9,368,386
Lot Size: 6.08 acres
Property Type: Land
Zoning: IL
2017 B.C. Assessment Value: $8,547,000
Date of Sale: 12/12/2017
City: Surrey
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate
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