16172 20 Avenue, Surrey, V3S 9M8 — photo 1

$6,280,000

16172 20 Avenue, Surrey, V3S 9M8
Active
1 Bedrooms 0 Bathrooms 3,183 sqft Built 1972 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Fantastic opportunity for builder and investors! This 1.13-acre future development property located in the Highway 99 Corridor plan, is slated for future business park/light industrial zoning. It is on 20th Avenue offers strategic proximity to key transportation routes, including designated truck routes to the US and easy access to international airports. Potential uses include office and service purposes, wholesale, warehousing, and light manufacturing.

None

Property Details

MLS #

R3046856

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

/

Bedrooms

1

Full Baths

0

Half Baths

0

Kitchens

0

Living Area

3,183 sqft

Main Floor

1,708 sqft

Lot Size

49,136 sqft

Lot Dimensions

164 x 297

Frontage

164

Year Built

1972

Age

53 years

Roof

Other

Construction

Frame Wood, Other (Exterior)

Structure

Residential Detached

Parking Type

Other

Original Price

$6,280,000

Taxes

$11,193/yr

Listed

2025-09-08

MLS Area

Grandview Surrey

City

Surrey

Postal Code

V3S 9M8

Features & Finishes

Heating

Other

Flooring

Other

Building & Community

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer

Utilities

None

Disclosures

Property Disclosure

Yes

Coordinates: 49.038160, -122.774610 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market278% above market — check if justified
Days on market239 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$5,931,436

5.6% below asking price

Negotiation Range

$5,774,436$6,025,636

$251,200 spread

$5,774,436$6,280,000 ask

Based on 42 recent sales, a starting offer around $5,931,436 (5.6% below ask) is reasonable. Your negotiation range is $5,774,436 – $6,025,636.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Extended market time239 days listed — well above market avg of 190 days, increased negotiation leverage

Based on 42 residential sales in Surrey (last 60 days) · Updated May 4

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