11275 124 STREET

Surrey · MLS® C8082161

87,093 sq ft lot

Land · Vacant Land · 20 days on market

Listed by Dylan Sohi, Colliers

Realtor's description

2.00 acre (87,093 SF) industrial development site in Surrey's Bridgeview neighbourhood. 11275 124 Street, Surrey, BC is a near level and graveled site currently being used as a truck parking facility. Recent Rezoning and Development Permit Applications show support for Light Industrial (IL Zoning) uses and permanent truck parking facilities. The property offers excellent access to Hwy 17/South Fraser Perimeter Rd, King George Blvd, and Pattullo/Riverview Bridge corridors - strong trucking connectivity to Hwy 1, the US border, and Lower Mainland industrial network. Close to Annacis Island and New Westminster's industrial base. Access from 124 Street. All offers subject to approval by the Supreme Court of British Columbia.

Property details

Type: Land, Vacant Land
Lot: 87,093 sq ft
Parking: 0
Property tax: $76,528 / yr
Days on market: 20
MLS®: C8082161

Property insights

On market 20 days

The market here

Listed now: 105 days; median for 207 homes for sale; this one 20 days

Homes in Surrey. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$48,182/mo

Mortgage $41,804 · Tax $6,377

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$41,804/ monthly

loan $7,676,000

25-year amortization

down payment20% · $1,919,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $4,865,348
property transfer tax: $397,750; BC general rate
cash to close: $2,316,750; down + PTT
total paid: $12,541,348

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 8,090 m² (87,080 sq ft) · PID 000-441-457. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Bridgeview Elementaryhomes in this catchment
1.1 km away · 12834 115a Ave, Surrey · 604-580-1047
Secondary Kwantlen Park Secondaryhomes in this catchment
2.3 km away · 10441 132 St, Surrey · 604-588-6934

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for a 2 storey building
140 m away · 2019 · under review
Development permit to allow for a Two-Storey Industrial Building and outdoor Storage use. Proposed OCP Amendment from Urban to Industrial. Rezoning from I-4 and RF to CD Zone. Consolidation of 2 lots to 1.
Rezoning
210 m away · 2025 · under review
Proposal to Rezone from R3 and I4 to IL OCP Amendment of Urban portion to Industrial Development Permit for form character including Hazard Lands (flood prone areas) for an existing structure to facilitate a truck servicing operation
Rezoning
370 m away · 2024 · under review
Rezoning from I-4 to I-L; Subdivision from two (2) lots into two (2) lots(adjustment of lot line); Development Permit for a 7587.83sq.m industrial building.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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