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.
| Structures | Land Only |
|---|
| 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 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 |
| 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.
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
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.
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).
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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~8.1 km). Annual avg AQHI 1.8 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 3271 196 Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,600,000 | $15,700 | $3,615,700 | — |
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.
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