Commercial Land for sale
20123 Patterson Avenue, Southwest Maple Ridge, Maple Ridge
$3,500,000
$3,500,000
Commercial Land for sale
20123 Patterson Avenue, Southwest Maple Ridge, Maple Ridge
Features
Lot Size
12,542 sqft
Gross Property Tax
$8,704.51 /year
Zoning
RS-1B
Permitted Land Use
Mixed Use, Multifamily (5+)
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Prime development opportunity in Maple Meadows, Maple Ridge near the intersection of Golden Ears Way and Lougheed Highway. The subject property is located within a 200-400 meters radius from the Maple Meadows West Coast Express Station. According to the new Provincial Policy for Transit-Oriented Areas, the property supports a minimum density of 3 to 4 (FSR) and a building height ranging from 8 to 12 storeys. The subject property spans 12,542.31 square feet, and when combined with the adjacent lot, the total development lot size expands to 30,116.56 square feet. This amalgamated site offers the opportunity to create up to 120,466.24 square feet of buildable area, making it a lucrative investment for developers looking to capitalize on the area's growth.
MLS® Number C8062221