Commercial Land for sale
Quayside D 5001 North Nechako Road, North Meadows, Prince George
$8,000,000
$8,000,000
Commercial Land for sale
Quayside D 5001 North Nechako Road, North Meadows, Prince George
Features
Lot Size
1,697,098 sqft
Gross Property Tax
$10,216.84 /year
Zoning
AF
Permitted Land Use
Mixed Use, Multifamily (5+)
Description
One of the best development sites in Prince George, the entire site is situated at a major intersection coming into town. The advantage to developing residential properties and commercial properties at this location is that the entire site sits on gravel. This will substantially reduce servicing costs. The 38.96 acres when developed will yield 5.43 acres of C6L zoning land, highway commercial, 11.34 acres of RM3 (Multi Family), and a minimum of 89 RS2 (Single Family) lots with lot widths of 20 meters. Opportunities like this do not come along very often. At conservative estimates this land will easily yield 20 million dollars plus in land sales with minimum servicing costs. Great profit margins here.
MLS® Number C8037383