$4,500,000
INVESTORS/DEVELOPERS ALERT!!! Prime investment opportunity! 10.15 Acre Lot on Fraser Highway! Direct highway road frontage! Located within the Township of Langley's Fraser Highway Employment Land Area Plan. Huge potential for future development! Neighboring parcels have already been rezoned for industrial and commercial use.
| Structures | Land Only |
|---|
| Price | $3,300,000 |
|---|---|
| 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 | 10.15 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 389.4357 |
| MLS® # | R3103575 |
| Area | Langley |
| Neighbourhood | Salmon River |
| City | Langley |
| Postal Code | V2Z 2K6 |
| Gross Taxes | $9,980.32 |
| Zoning | RU-1 |
Listed by: Royal Pacific Realty Corp. & Dracco Pacific 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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
23591 Fraser Highway has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.4% above comparable active properties in Salmon River. The local market is currently a Balanced Market with a sales-to-active ratio of 17.7% — conditions are balanced. With only 486 competing homes currently listed, this property has significant competition. 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 V2Z 2K6, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~1.7 km). Annual avg AQHI 1.8 — Low Risk.
Langley - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.
Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 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.
3 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Peterson Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance769 m
|
|
D W Poppy Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.81 KM
|
|
Vanguard |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.93 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,062,000 | $0 | $3,062,000 |
+2.8%
|
| 2025 | $2,980,000 | $0 | $2,980,000 |
+3.4%
|
| 2024 | $2,882,000 | $0 | $2,882,000 | — |
Buy Vs Rent Calculator
Rent vs own
—
Based on 4 comparable active properties in Salmon River, the average asking price is $3,016,333. This listing is priced 9.4% above the neighbourhood average. This property is flagged as a Hot Deal (26.7% price reduction) based on its competitive pricing and market demand.
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