23591 Fraser Hwy, Langley BC - Land for Sale - MLS# R3103575

$4,500,000
Est. Mortgage $19,908/mo
0 sqft
$4,500,000
Est. $19,908/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 23591 Fraser Highway

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.

Exterior Features

Structures Land Only

Building Details

Price $4,500,000
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 & Land

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

Property Timeline

Status Date Price
R3103575 / Active 03-23-2026 $4,500,000

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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Langley Christian Middle High School
Above Average
1.62 km
7.4/10
Elementary, Secondary
Langley Christian Middle High School
Above Average
1.62 km
7.4/10

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 232 St
0.66 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
7.06 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
13.5%
No Certificate/Degree
Above Average
17.1%
Owner Occupied
Below Average
49.2%
Employment Rate
Below Average
52.7%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 23591 Fraser Highway

BC Assessment Value — 23591 Fraser Highway

2026 assessed value, sourced from City of Langley open data (PID 006-713-955).
Total Assessed Value (2026)
$3,062,000
+2.8% YoY
+3.1%/yr over 2 yr
2024 Value Trend 2026
Land
$3,062,000
Buildings
$0
Year Built
N/A
Class
061
Zoning
RU-1
Property Tax
N/A
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

Mortgage Calculator for 23591 Fraser Highway

/month
Principal & Interest
Property Taxes $832
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($900,000), the estimated monthly payment for this listing is $18,019/month — $17,187 principal & interest, $832 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%
At an estimated rental income of $10,660/month, this property runs a $7,659/month shortfall after mortgage and carrying costs. Break-even requires approximately 56% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Salmon River, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $4,500,000
Langley Loading...
Salmon River Loading...

Based on 3 comparable active properties in Salmon River, the average asking price is $4,500,000. This listing is priced 0% below the neighbourhood average.

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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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