Vacant-User
3194 Jacklin Rd
3194 Jacklin Rd, Victoria, BC V9B 5J9
Listing Price: $4,850,000
Cap Rate
3.07%
Rentable SF
5,358
Lot Size
0.66 acres
Year Built
1984
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present 3194 Jacklin Road, Langford, B.C. (the "Subject Property"), an exceptional investment opportunity well positioned for developers and owner-occupiers.
Investment Highlights
- Tenanted by three established tenants with strong tenure, providing stable income. The property has C3 zoning, offering flexibility for a variety of uses, including hotels, daycares, and more.
- Situated on a 28,629 SF corner lot zoned C3, with potential for rezoning to C9, allowing high-density commercial and mixed-use residential developments in Langford's vibrant downtown core.
- Positioned at the high-traffic intersection of Jacklin Road and Highway 14, the Subject Property benefits from excellent visibility with over 30,000 vehicles passing daily.
- The Subject Property, adjacent to city-owned lands, offers assembly potential to maximize development and density. The area is seeing growth, with 10 projects in pre-construction and 2 nearing completion.
- Langford, one of Canada's fastest-growing cities, has seen a 31.8% population increase since 2016, fueled by its proximity to Victoria, affordable housing, and high demand for residential and commercial properties.
Exclusively Listed By
Listing Price: $4,850,000
Cap Rate
3.07%
Rentable SF
5,358
Lot Size
0.66 acres
Year Built
1984
Investment Highlights
- Tenanted by three established tenants with strong tenure, providing stable income. The property has C3 zoning, offering flexibility for a variety of uses, including hotels, daycares, and more.
- Situated on a 28,629 SF corner lot zoned C3, with potential for rezoning to C9, allowing high-density commercial and mixed-use residential developments in Langford's vibrant downtown core.
- Positioned at the high-traffic intersection of Jacklin Road and Highway 14, the Subject Property benefits from excellent visibility with over 30,000 vehicles passing daily.
- The Subject Property, adjacent to city-owned lands, offers assembly potential to maximize development and density. The area is seeing growth, with 10 projects in pre-construction and 2 nearing completion.
- Langford, one of Canada's fastest-growing cities, has seen a 31.8% population increase since 2016, fueled by its proximity to Victoria, affordable housing, and high demand for residential and commercial properties.
Investment Overview
Marcus & Millichap REIS Canada Inc. is pleased to present 3194 Jacklin Road, Langford, B.C. (the "Subject Property"), an exceptional investment opportunity well positioned for developers and owner-occupiers.