8626 8634 120a St, Surrey BC - Land for Sale - MLS# R3106088

$2,500,000
Est. Mortgage $11,060/mo
0 sqft
$2,500,000
Est. $11,060/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 8626 8634 120a Street

Claire Group is pleased to present a unique redevelopment opportunity for investors: a 0.44- acre RA-zoned parcel located in Surrey. The official Community Plan (OCP) designates the property for industrial use, offering strong potential for redevelopment into light industrial or business park applications. Ideally situated just one block from the high-traffic intersection of Scott Road and Nordel Way, the site is surrounded by industrial properties, further enhancing its potential.

Exterior Features

Structures Land Only

Building Details

Price $2,500,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 19166.4
Lot Size Depth Feet
Lot Size Frontage 125
MLS® # R3106088
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Postal Code V3W 3P8
Gross Taxes $21,493.36
Zoning RA

Property Timeline

Status Date Price
R3106088 / Active 04-01-2026 $2,500,000

Listed by: RE/MAX Real Estate Services

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

Secondary
L A Matheson Secondary School
1.74 km
Elementary
Kennedy Trail Elementary School
Average
0.76 km
4.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Immaculate Conception School
Above Average
0.58 km
8.9/10
Elementary, Secondary
Khalsa School (Surrey)
3.85 km

Closest Transit

Bus Stop
Northbound Scott Rd @ 86 Ave
0.15 km
Skytrain
Skytrain @ King George Stn
4.03 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
18.3%
No Certificate/Degree
Above Average
24%
Owner Occupied
Average
71.1%
Employment Rate
Above Average
68.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
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
Market Performance

Real Estate Stats for December 2025 in Surrey

FVREB Report city Level
Detached Benchmark

$1,404K

7.77% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 8626 8634 120a Street

BC Assessment Value — 8626 8634 120a Street

2026 assessed value, sourced from City of Surrey open data (PID 010-312-501).
Total Assessed Value (2026)
$1,939,000
2026 Value Trend
Land
$1,939,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,939,000 $0 $1,939,000

Mortgage Calculator for 8626 8634 120a Street

/month
Principal & Interest
Property Taxes $1,791
Maintenance fee 0
A 20% down payment of $500,000 on this $2,500,000 listing yields an estimated mortgage of $9,548/month (30-year fixed, 4%). Total estimated housing cost: $11,339/month, $1,791 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%
With $6,437/month in estimated rental income against $11,564/month in mortgage payments, the monthly cashflow is -$5,127/month. A 63% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Queen Mary Park Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,500,000
Surrey Loading...
Queen Mary Park Surrey Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $1,721,760 across 32 active listings — this listing is 45.2% above the Surrey 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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