KSh 120,000,000
5 Acres Commercial Land for Joint Venture on Mombasa Road

Price Analysis Above Market
Based on 967 similar listings
Negotiation Tips
Price is significantly above market
Suggested offer: KSh 3.5M
Potential discount up to 97%
Market Demand
Details
- Type
- Commercial Land
- Address
- JOINT VENTURE 5 ACRES ON MOMBASA RD NEAR NATION
- Land Area
- 8023.25
- Facilities
- Car Parking, Domestic Sewage, Electric Supply, Water Supply
- Access Road
- Paved Road
- Property Use
- Commercial
- Type of Purchase
- Outright Price
- Development Status
- Undeveloped
Description
• Prime 5-acre parcel of commercial land situated directly on Mombasa Road, immediately after Nation/Gateway Mall and opposite Syokimau. • The land is flat, accessible via three roads (frontage, right, and left), offering excellent visibility and multiple access points. • Ideal for a joint venture (JV) requiring a 30:70 ratio, with specific needs for mall frontage and apartment development at the rear. • Investors must present drawings aligned with the venture's requirements. • Current land valuation stands at KES 130 million per acre. • Utilities available include electric supply, water supply, domestic sewage, and car parking facilities. • Access is via a paved road, suitable for commercial development.
Compare
This item5 Acres Commercial Land for Joint Venture on Mombasa Road KSh 130,000,000 | ![]() 3/4 Acre Commercial Plot in Thindigua, 100m from Kiambu Road KSh 120,000,000 | ![]() Prime Development Land for Sale in Ngara, Nairobi KSh 139,000,000 | |
|---|---|---|---|
| Type | Commercial Land | Residential Land | Commercial Land |
| Facilities | Car Parking, Domestic Sewage, Electric Supply, Water Supply | — | — |
| Address | JOINT VENTURE 5 ACRES ON MOMBASA RD NEAR NATION | Kiambu | Chemelil Road, near Kenyatta University Parklands |
| Land Area | 8023.25 | — | 0.34 |
| Access Road | Paved Road | — | Paved Road |
| Property Use | Commercial | Residential | Commercial |
| Type of Purchase | Outright Price | Outright Price | Outright Price |
| Development Status | Undeveloped | — | Undeveloped |
| Price | KSh 130,000,000 | KSh 120,000,000 | KSh 139,000,000 |
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