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

69 days on the market
$2,999,900
Est. Mortgage $13,272/mo
Listing updated:
EstateBlock checked:
0 sqft
13.0% price reduction
69 days on the market
$2,999,900
$3,450,000
Est. $13,272/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 3271 196 Street

13.0% price reduction

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 $2,999,900
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 $2,999,900
to view full Property History (4 earlier records)

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

39 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $2,237,925
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
69 DOM
Listed
Serpentine avg
Surrey avg

3271 196 Street has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 25.4% above comparable active properties in Serpentine. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

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 day 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

Transit (1 nearby)

  • Bus stop westbound 28 ave @ 197a st · 978 m · Transit

Schools NearBy

9 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St. Catherines School

Independent

Grades Served

K-7

Catchment Info

9.2 / 10

Distance

1.27 KM

Brookswood Secondary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.33 KM

Noel Booth Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

1.35 KM

Anchor Point Montessori

Independent

Grades Served

Catchment Info

0

Distance

1.94 KM

Belmont Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.10 KM

Alice Brown Elementary

Public

Grades Served

Catchment Info

4.9 / 10

Distance

2.32 KM

East Kensington Elementary School

Public

Grades Served

K-6

Catchment Info

In Catchment
0

Distance

2.62 KM

Langley Equestrian Academy

Public

Grades Served

7-12

Catchment Info

6.0 / 10

Distance

2.86 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

4.9 / 10

Distance

2.94 KM

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 $2,999,900 asking price over 30 years at 4% results in approximately $12,708/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 $7,044/month in rental income, leaving a -$5,913/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.

Estateblock Rent Estimate for 3271 196 Street, Surrey

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Serpentine, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,900
Surrey Loading...
Serpentine Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $2,392,944 across 11 active listings — this listing is 25.4% above the Surrey average. This property is flagged as a Hot Deal (13.0% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ 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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