Commercial Land for Sale or Lease

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12848 240 Street
Silver Valley Maple Ridge V4R 2R8

$5,299,000
Land Commercial

Sketch Survey Plan. Illustrating the proposed subdivision of the property into eleven lots with associated easements and zoning information
Photo 1: 12848 240 Street, Maple Ridge
Photo 2: 12848 240 Street, Maple Ridge
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8078899
EXCEPTIONAL 11 LOT SUBDIVISION OPPORTUNITY. Transform this 1.76-acre Silver Valley property into 11 brand new residential lots. This is a rare, shovel ready development opportunity in Maple Ridge's growth corridor, offering exceptional potential for builders and investors seeking immediate R-2 zoned land. With urban infrastructure already in place and parkland adjacency creating a desirable private setting, this property is positioned for success. The surrounding diverse uses further support residential growth and long term market strength. Whether you are an experienced developer or investor pursuing your next major project, this turnkey subdivision provides genuine entry into Maple Ridge's strong residential market.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Lot Area:
1.76 acre(s)
Acres Freehold:
1.76 acre(s)
Zoning:
Potential to Redevelop:
Develop into R-2 single family lots, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
See Remarks
Sewer:
Public Sewer
Env Assmt Comment:
.
Parcel Number:
009379991
Taxes:
$14,575.67 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Develop into R-2 single family lots, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 12848 240 Street, Maple Ridge
    Sketch Survey Plan. Illustrating the proposed subdivision of the property into eleven lots with associated easements and zoning information
  • Photo 2: 12848 240 Street, Maple Ridge
    Image quality insufficient for description
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Listed by RE/MAX LIFESTYLES REALTY
Data was last updated May 21, 2026 at 07:35 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.