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3880 NO. 3 ROAD, Richmond, British Columbia, V6X 2C1

MLS® # C8062035
Vacant Land For Sale In Richmond, British Columbia
$4,300,000
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
3880 No. 3 Road, Richmond, BC
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ACTIVE
3880 NO. 3 ROAD, Richmond, British Columbia, V6X 2C1
$4,300,000

Property Information:

Stabilized FREEHOLD INVESTMENT opportunity along Richmond's Golden Corridor! 18,212 sq.ft lot with 148' of frontage along No. 3 Rd and across the street from Aberdeen Station on the Canada Line. OCP designated for high density (up to 3.0 FSR) as part of "Aberdeen Village Urban Centre T5", zoned for a wide range of COMMERCIAL uses. Land is currently leased long term (68 remaining years) to the Radisson Hotel and partially subletted to BMO. Purchaser to assume the existing triple net lease (including multiple escalation clauses) providing a stable return while owning a prime parcel for future redevelopment. The yearly net income for 2024 is approx. $130,000. (id:27)

Building Features:

  • Amenities: Street Lighting

Property Features:

  • Property Type: Vacant Land
  • Farm Type: Other
  • Lot Size: 18212.00 Square Feet
  • Utility Type: Water - At Lot Line
  • Zoning: ZC1

Courtesy of: RE/MAX City Realty

REALTOR.ca  

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Location of 3880 NO. 3 ROAD, Richmond, British Columbia, V6X 2C1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 3880 NO. 3 ROAD , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

89/100

High

ClimateCheck®

Current data

This property, 3880 NO. 3 ROAD , experiences 12 significant 2-day storms per year, with about 489.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 566.5mm of precipitation per year.

Precipitation Per Storm

Past
489.7mm
2050
566.5mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3880 NO. 3 ROAD, Richmond, British Columbia, V6X 2C1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$82,650.97

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.76 %

High school certificate or equivalent

25.0 %

Apprenticeship trade certificate/diploma

3.08 %

College/non-university certificate

13.56 %

University certificate (below bachelor)

2.39 %

University Degree

46.21 %

Commuter

Travel To Work

By Car

66.98 %

By Public Transit

19.49 %

By Walking

11.45 %

By Bicycle

1.28 %

By Other Methods

0.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.09 %

Houses

6.91 %

Own Vs. Rent

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