*PEACHLAND DEVELOPMENT OPPORTUNITY: MODULAR HOME COMMUNITY* Rare opportunity to acquire or partner on a fully analysed 20acre residential development site in Peachland. The project is close to shovel-ready to convert underutilised industrial land into a 105-unit, master-planned modular home community. This opportunity addresses Peachland's need for attainable housing and is positioned for strong developer and investor returns. The land is wholly owned, unencumbered, and supported by extensive technical groundwork, with all major development risks identified and mitigated. The proposed concept features approximately 105 detached modular homes (1,200-1,700 sq. ft.) targeting retirees, down-sizers, and attainable ownership buyers. Key advantages include faster construction timelines, predictable pricing, and proven demand in the Okanagan. Phase 1 financials project a gross profit of \~$22.6M, with Phase 2 offering an upside of \~65 additional units. Servicing and infrastructure costs have been fully identified and budgeted. OCP amendment and rezoning are the remaining steps. *OPTION 2 INDUSTRIAL PARK* Keep the zoning as is and continue with the Industrial Park. The existing 40x100 warehouse and property are leased out for approximately $16,000 a month. Opportunity to build 7 more warehouses with 1 site already prepped and ready to poor concrete for a 50x100 warehouse.. Sewer, septic, water and gas to the existing warehouse. Seller will entertain Joint Venture (id:2493)More details
9.34 Acres Zoned I-1 with DEVELOPMENT POTENTIAL. Three warehouses in total on the property. Two of the warehouses are 50ft x 100ft offering a large folding door 14ft x 40ft as well as a 14ft x 14ft overhead door. They also are equipped with 6 bathrooms per warehouse. The third warehouse is 40ft x100ft with 2 industrial overhead doors and 600amp service. All warehouses on the property have cement floors and metal roofs and constructed within the last five years. The subject property was originally intended to be subdivided into several lots, each with a minimum of 1 hectare in size. The potential exists to complete the subdivision / development in tandem with the adjoining approximately 20 acre property @ 5460 McDougald Road. City has said they would look at rezoning for low income housing. Could be 66 lots on 5440 McDougald and 166 total with 5440 and 5460 McDougald Rd. (id:2493)More details
Data was last updated October 10, 2026 at 11:15 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.