Commercial Land for sale
11941/11951 222 Street, West Central, Maple Ridge
$3,199,900
Features
Lot Size
13,789 sqft
Gross Property Tax
$8,877.57 /year
Zoning
RM-3
Permitted Land Use
Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
13,788 sq ft, zoned RM-3 presents an exceptional opportunity for high-density residential development, allowing for a base floor space ratio (FSR) of 1.2 times the lot area, w/ potential for a minimum of 5 storeys & up to 12 storeys. This flexible zoning is ideal for developers looking to create vibrant, community-focused apartment or townhouse projects that maximize both space & value. The property offers great potential for rezoning, providing an opportunity to increase density & unlock even greater value for a high-impact development. This area is an up-and-coming community w/ rapid growth & a thriving local economy, making it an excellent location for investment. With its proximity to Vancouver & stunning natural surroundings, the region offers tremendous potential for developers.
MLS® Number C8066037