Prime holding opportunity in Richmond’s McLennan area—1.225 acres, AG1-zoned, ideally situated near Shell Road and Granville Avenue. This two-lot property sits within Central Richmond, offering strategic, long-term potential for future development. Current zoning allows for agricultural and farming uses only, and the construction of any buildings or structures is not presently permitted unless directly related to approved agricultural operations. This land is best suited for buyers seeking agricultural use now, with an eye to development possibilities as city planning and zoning policies evolve in coming years
| Structures | Land Only |
|---|
| Price | $568,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | None |
| Lot Size | 1.23 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 0 |
| MLS® # | R3069390 |
| Area | Richmond |
| Neighbourhood | McLennan |
| City | Richmond |
| Postal Code | V0V 0V0 |
| Gross Taxes | $1,765 |
| Zoning | AG1 |
Listed by: Royal Regal Realty Ltd.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
LOT39 &40 Gazetted Road has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced in line with comparable active properties in McLennan. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.5% and an area average of 47 days on market — buyers have more leverage. With only 475 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0V 0V0, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~2.2 km). Annual avg AQHI 2 — Low Risk.
Richmond currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
LOT39 &40 Gazetted Rd, Richmond, BC is ideally located for commuters. The property is 2.6 km from Brighouse, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound No. 5 Rd @ 7300 Block (0.76 km). Walk Score Transit rating: Some Transit (30/100).
Based on 2 comparable active properties in McLennan, the average asking price is $568,000. This listing is priced 0% below the neighbourhood average.
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