42.19 Acres of Agricultural Land in Surrey, Canada
Fleetwood · Surrey, BC
42.19Acres of agricultural land
Corner of 72 Avenue and 160 Street — current agricultural use, income potential, and a long-term land banking opportunity.
Location
A corner position on a growing corridor
The property is located close to Fraser Highway, with convenient access to Highway 1, 152 Street, the U.S. border, ports, and airports. It also has corner exposure at 72 Avenue and 160 Street, giving it a strong position along an important transportation corridor.
Property highlights
What the parcel offers
- Approximately 1,837,666 sq. ft.
- Agricultural designation, Official Community Plan
- Located within the Agricultural Land Reserve
- Generally level and rectangular land
- Approx. 5 acres of hardpan, potential for structures
- Municipal water and power connected
- Private gated shared access
- Existing 24,050 sq. ft. outbuilding
Current use
Income today, opportunity ahead
The property is currently used for agricultural purposes and provides an opportunity to generate income while holding the land. Its size gives flexibility for different agricultural uses, including farming, greenhouse operations, livestock, and agri‑tourism.
“Large parcels of this size, located this close to Surrey City Centre, are becoming increasingly difficult to find.”
72 Avenue expansion
A planned east–west route
The City of Surrey plans to improve 72 Avenue into a continuous east‑west route from 120 Street to 196 Street, with road extensions and widening planned to improve traffic flow, connectivity, and future growth.
Market and value
Where the property sits in the range
Comparable agricultural land sales from 2021 to 2024 range from approximately $105,000 to $217,000 per acre.
Subject property: approximately $214,000–$216,000 per acre
Why consider this property
Important note
The property is currently designated Agricultural and is within the Agricultural Land Reserve (ALR). Any future redevelopment, rezoning, subdivision, or change in land use would depend on required municipal, provincial, and ALR approvals. This should be viewed as a land banking strategy, not a guarantee of future redevelopment.
For investors looking for a long‑term land investment in the Greater Vancouver area, this is an opportunity worth exploring.
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