1.8 Acres Commercial Land at Ol'Kolou Town Next to Shell Petrol Station

1.8 Acres Commercial Land at Ol'Kolou Town Next to Shell Petrol Station - 1
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Price Analysis Above Market

Based on 590 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.05M

Potential discount up to 90%

Market Demand

High Demand

Details

Type
Commercial Land
Address
Ol'Kolou Town
Property Use
Commercial
Type of Purchase
Outright Price

1.8 Acres Commercial Land at Ol'Kolou Town Next to Shell Petrol Station Highlights

  • Commercial Land Use: Commercial land is zoned for business activities, allowing for the construction of shops, offices, or other commercial establishments. This type of land is often strategically located for high visibility and accessibility.
  • Strategic Location Potential: Land situated near established landmarks like petrol stations often benefits from high traffic flow and visibility. This can be advantageous for businesses seeking exposure and easy access for customers.
  • Large Acreage: A plot of 1.8 acres offers significant space for various development projects. This allows for flexible planning, including multiple buildings, ample parking, or future expansion.
  • Outright Purchase: An outright purchase means full ownership of the land is transferred upon completion of the transaction. This provides complete control over the property and eliminates ongoing lease payments.
  • Infrastructure Access: Commercial areas, especially those near existing businesses, typically have better access to essential utilities like electricity, water, and road networks. This reduces development costs and time.

Description

• 1.8 acres (approximately 7,284 square meters) commercial land in Ol'Kolou Town. • Located directly next to a Shell Petrol Station, offering high visibility and easy access. • Situated behind the 818 Hotel, providing additional landmark recognition and potential for complementary businesses. • Zoned for commercial use, suitable for various business ventures such as retail, hospitality, or service industries. • Direct access to a main road, ensuring convenient entry and exit for customers and deliveries. • Utilities (electricity and water) are available in the vicinity, simplifying development. • Flat topography, ideal for immediate construction with minimal site preparation required. • Clean title deed available, ready for transfer upon purchase.

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TypeCommercial LandResidential LandResidential Land
AddressOl'Kolou TownOlkeri, NgongKijani Ridge Tatucity
Property UseCommercialResidentialResidential
Type of PurchaseOutright Priceper AcreOutright Price
PriceKSh 30,000,000KSh 25,000,000KSh 28,000,000