9.56-acre industrial site

Overview

9985 Grace Road represents an opportunity to acquire a large 9.56-acre IL-1 zoned property located in the South Westminster industrial area of the City of Surrey, regarded as one of the most strategically located industrial nodes in Metro Vancouver. This flat asphalted property is currently used as a storage yard for trucks and shipping containers and features a one-storey office building located near the entry of the site.

The property is situated adjacent to the South Fraser Perimeter Road (Highway 17) and across from the Port Metro Vancouver-Fraser terminal. This offering is ideal for investors seeking desired industrial land for outdoor storage/warehousing or developers looking for their next large industrial development project.

Land Use

The subject property’s Light Impact Industrial 1 Zoning (IL-1) accommodates and regulates the development of light impact industry and limited office and services.

The maximum density is 1.0 FSR and maximum lot coverage is 60% for buildings. The following uses include some of those permitted under this zoning:

• Light impact industrial
• Warehouse uses
• Distribution centres
• Self-storage warehouse
• Office uses, limited to the following:
  • Architectural and landscape architectural offices
  • Engineering and surveying offices
  • General contractor offices
  • Government offices; and
  • Utility company offices

Location

The subject property is centrally located in the established industrial neighbourhood of South Westminster in North Surrey.

This strategic location is a key transportation route, as improvements to the South Fraser Perimeter Road (SFPR) have made travel throughout the region and beyond more logistically efficient. This 40km-long highway extends from Deltaport Way in Delta to 176^th Street (Highway 15) in Surrey. It provides connections to Highways 1, 17, 91 & 99.

Additionally, the location is well served by public transit with a bus stop approximately 100 metres north of the subject property and Scott Road Skytrain station is located a quick 10-minute bus ride away.