18998 20 Avenue presents an opportunity to acquire approximately five acres within Surrey's South Campbell Heights Local Area Plan, one of Metro Vancouver's largest planned employment land expansion areas. The property is zoned A1 and is positioned within the City's policy framework for future employment land development as Surrey advances the Campbell Heights expansion. For investors, developers, and land banking groups, the site offers exposure to a constrained industrial land market supported by ongoing public and private sector investment.
The property's location adjacent to Toyota Canada's approximately 210,000-square-foot BC Parts Distribution Centre reinforces its connection to an established industrial corridor. Regional accessibility is a defining attribute, with convenient connections to Highway 99, Highway 1, Highway 15, and the Canada-United States border crossing. These transportation links support future employment, logistics, manufacturing, and business park uses envisioned within the broader South Campbell Heights planning area.
The investment story is further strengthened by significant infrastructure commitments supporting long-term growth. Surrey has incorporated approximately 615 acres into the South Campbell Heights Local Area Plan and has committed $29.5 million toward road improvements within the area. In addition, BC Hydro is investing approximately $725 million in regional electrical infrastructure, including a Campbell Heights substation intended to support future residential and business growth through 2032. Combined with an adopted planning framework and established industrial surroundings, the property offers a compelling long-term land acquisition opportunity within one of the region's most closely watched employment growth areas.