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!