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3116 Appaloosa Rd
Kelowna, BC V1V 2G9

$1,701,857 USD

Land For Sale  •  1 AC

Property Details

  • Property Type Land
  • Lot Size 1 AC
  • Zoning RR2
36 Transit Score
24 Walk Score

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!

Highlights

Located in the Reid’s Corner/Sexsmith area of Kelowna with easy access to Highway 97 N via Academy Way & Sexsmith Road
Potential to develop an industrial complex to a maximum of 65,340 SF based on I2 zoning guidelines
Minutes from UBC Okanagan, Kelowna International Airport and Highway 33

Property Flyers

Public Transportation

AirportDriveWalkDistance
Kelowna International 8 min - 3.8 mi
Kris McLaughlin 877-450-5578 RE/MAX Kelowna
Kris McLaughlin 877-450-5578 RE/MAX Kelowna