3271 196 St, Surrey BC - Land for Sale - MLS# R3141461

$3,450,000
Est. Mortgage $15,263/mo
0 sqft
$3,450,000
Est. $15,263/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 3271 196 Street

Prime opportunity to acquire approximately 1 acre of flat Light Industrial (IL) designated land in the highly sought-after Campbell Heights Business Park. The subject property is ideally situated in a rapidly developing industrial corridor. The two adjacent properties to the south have received 3rd Reading for rezoning by the City of Surrey, with municipal services anticipated to be extended to the property line upon completion of the neighbouring development. Buyers are advised to verify servicing, zoning, and development potential with the City of Surrey.

Exterior Features

Structures Land Only

Building Details

Price $3,450,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 43553
Lot Size Depth Feet
Lot Size Frontage 94
MLS® # R3141461
Area Cloverdale
Neighbourhood Serpentine
City Surrey
Postal Code V3Z 1A9
Gross Taxes $14,996.26
Zoning A-1

Property Timeline

Status Date Price
R3141461 / Active 06-29-2026 $3,450,000
R3074111 / Terminated 12-15-2025 $3,499,900
R3029310 / Terminated 07-21-2025 $3,750,000
R2951777 / Terminated 01-02-2025 $4,099,900
R2887710 / Terminated 05-27-2024 $4,499,900

Listed by: Royal LePage Global Force Realty

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.

Map & Neighbourhood

Public Schools

Elementary
East Kensington Elementary School
2.62 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Catherines School
Above Average
1.27 km
9.2/10
Secondary
St John Paul II Academy
Above Average
3.26 km
8.2/10

Closest Transit

Bus Stop
Westbound 32 Ave @ 196 St
0.14 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
5.23 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
27.5%
No Certificate/Degree
Below Average
9.4%
Owner Occupied
Below Average
58.7%
Employment Rate
Average
57.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

48 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $3,450,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.23 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SERPENTINE compares
This property
10 DOM
Listed
Serpentine avg
Surrey avg

3271 196 Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Serpentine. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3Z 1A9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 1A9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~8.1 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 3271 196 Street

Walkability & Transit Near 3271 196 Street

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 3271 196 Street

2026 assessed value, sourced from City of Surrey open data (PID 009-735-305).
Total Assessed Value (2026)
$3,615,700
2026 Value Trend
Land
$3,600,000
Buildings
$15,700
Year Built
N/A
Class
N/A
Zoning
A1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,600,000 $15,700 $3,615,700

Mortgage Calculator for 3271 196 Street

/month
Principal & Interest
Property Taxes $1,250
Maintenance fee 0
Financing 80% of the $3,450,000 asking price over 30 years at 4% results in approximately $14,427/month in total estimated carrying costs, $1,250 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $7,764/month in rental income, leaving a -$6,914/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Serpentine, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $3,450,000
Surrey Loading...
Serpentine Loading...

Based on 2 comparable active properties in Serpentine, the average asking price is $1,749,333. This listing is priced 97.2% above the neighbourhood average.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 3271 196 Street

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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