Pangani 1/2 Acre Commercial Plot

Pangani 1/2 Acre Commercial Plot - 1
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Price Analysis Above Market

Based on 493 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.5M

Potential discount up to 99%

Market Demand

High Demand

Details

Type
Commercial Land
Title
Lease Agreement
Address
Pangani
Facilities
Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
Access Road
Paved Road
Property Use
Commercial
Type of Purchase
per Plot
Development Status
Undeveloped

Pangani 1/2 Acre Commercial Plot Highlights

  • Commercial Land Use: Commercial plots are specifically zoned for business activities, offering opportunities for retail, offices, or industrial development. Their value is often tied to location and accessibility.
  • Leasehold Title: Leasehold properties grant the right to use land for a specified period, typically 33, 66, or 99 years. Ownership reverts to the lessor at the end of the lease term, though renewals are often possible.
  • Undeveloped Status: Undeveloped plots offer a blank canvas for custom construction, allowing buyers to design and build structures tailored to their specific needs. This often requires significant initial investment in infrastructure.
  • Paved Road Access: Access via a paved road ensures easier transportation of goods and people, reducing wear and tear on vehicles and improving overall accessibility for customers and employees.
  • Essential Utilities Available: Plots with access to domestic sewage, electric supply, and water supply significantly reduce development costs and time. Gas supply and rainwater drainage further enhance functionality and sustainability.

Description

• Prime 1/2 acre (approximately 2,023 sqm) corner commercial plot in Pangani, Nairobi. • Fronts three tarmac roads, offering high visibility and multiple access points. • Located directly touching the Thika Superhighway, ensuring high traffic flow and strategic positioning. • Ideal for various prime commercial developments due to its highly strategic and high-traffic location. • Clean title deed is ready for transfer, simplifying the purchase process. • Asking price is KES 350,000,000, reflecting its prime commercial value.

Compare

Pangani 1/2 Acre Commercial PlotThis item
Pangani 1/2 Acre Commercial Plot
KSh 350,000,000
Lavington 1.09 Acres FOR SALE
Prime 1.09 Acre Land Along Hatheru
Lavington 1.09 Acres FOR SALE Prime 1.09 Acre Land Along Hatheru
KSh 380,000,000
TypeCommercial LandMixed-use Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleLease AgreementLease Agreement
AddressPanganiLavington muthangari rd
Access RoadPaved RoadPaved Road
Property UseCommercialMixed
Type of Purchaseper PlotOutright Price
Development StatusUndevelopedPartially Developed
PriceKSh 350,000,000KSh 380,000,000