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3116 Appaloosa Rd
1 Acre of Industrial Land Offered at $1,615,554 USD in Kelowna, BC V1V 2G9
Investment Highlights
- Located in the Reid’s Corner/Sexsmith area of Kelowna with easy access to Highway 97 N via Academy Way & Sexsmith Road
- Minutes from UBC Okanagan, Kelowna International Airport and Highway 33
- Potential to develop an industrial complex to a maximum of 65,340 SF based on I2 zoning guidelines
Executive Summary
Property Facts
| Price | $1,615,554 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Price | $1,615,554 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 1.00 AC |
1 Lot Available
Lot
| Price | $1,615,554 USD | Lot Size | 1.00 AC |
| Price Per AC | $1,615,554 USD |
| Price | $1,615,554 USD |
| Price Per AC | $1,615,554 USD |
| Lot Size | 1.00 AC |
3116 Appaloosa Road is a well-situated property in the Reid’s Corner/Sexsmith/Appaloosa area of Kelowna. The property totals approximately 1.00 acres or about 43,560 SF, containing a single-family home of about 2,193 SF and a detached workshop/garage
Description
Introducing 3116 Appaloosa Road, a well-situated property in the thriving Reid’s Corner/Sexsmith/Appaloosa area of Kelowna. Spanning approximately 1.00 acre (about 43,560 SF), this rectangular lot currently features a spacious single-family home of about 2,193 SF and a detached workshop/garage. The property gently slopes to the south, boasting approximately 104 FT of frontage along Appaloosa Rd and a depth of around 420 FT. This area is designated as one of Kelowna's primary industrial growth zones, with the 2040 Official Community Plan (OCP) indicating future land use as IND - Industrial. The neighborhood is undergoing a significant transition, with several surrounding properties already rezoned to I2 – General Industrial. This presents a unique development opportunity; potential rezoning to I2 could enable the construction of a new industrial complex with a maximum site coverage of 60%, a floor area ratio (FAR) of 1.5 (allowing for up to 65,340 SF), and a maximum height of 16 M (52.4 FT). Don’t miss your chance to capitalize on this promising investment in a rapidly evolving area!
zoning
| Zoning Code | RR2 (Small Lot Rural Residential) |
| RR2 (Small Lot Rural Residential) |
Presented by
3116 Appaloosa Rd
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