Property Description
This Commercial Lot in Maguikay, Mandaue City, Cebu, Philippines is for sale at ₱95,877,000. It features 1431 sqm of lot area.
Looking for a prime lot for your next commercial or residential project? This 1,431 sqm property boasts a wide 38.44 m frontage, offering a maximum exposure and accessibility in a sought-after location. Why this lot? ✅ Versatile Development Potential - Ideal for businesses, apartments, townhouses, or mix-use projects. ✅ Strategic Location - Located along the road and just a short distance to main road. Close to malls, schools, churches, markets, and restaurants. ✅ Steady Demand - Perfect for investors looking to build in a thriving area. The property currently has existing structures, including rental units allowing for immediate income while you plan for future development. Whether you're an investor looking for passive income or a developer seeking a prime location for future expansion, this property offers endless potential! Selling for Php 95,877,000, net (slightly negotiable). Buyer covers all applicable taxes and fees.
Commercial Lot Prices in Cebu
Avg sale price by size and furnishing · 53 for sale listings
This commercial lot is 22% above the average per sqm for a commercial lot for sale in Cebu (₱67,000/sqm vs ₱55,096/sqm, 53 listings).
The average commercial lot of 1,000–4,999 sqm for sale in Cebu is ₱99.8M (₱64,080/sqm), from 23 listings.
Avg sale price of commercial lot listings in Cebu, by lot area
| Lot area | Avg sale price · all |
|---|---|
| Under 100 sqm | avg₱21.5Mavg ₱131,868/sqm2 listings |
| 100–299 sqm | avg₱15.7Mavg ₱60,979/sqm3 listings |
| 300–999 sqm | avg₱26.6Mavg ₱58,673/sqm13 listings |
| 1,000–4,999 sqm | This listingavg₱99.8Mavg ₱64,080/sqm23 listings |
| 5,000–9,999 sqm | avg₱46.9Mavg ₱5,743/sqm4 listings |
| 1–5 hectares | avg₱1.7Bavg ₱57,320/sqm5 listings |
| 5+ hectares | avg₱270Mavg ₱1,333/sqm3 listings |
| All commercial lot | avg₱230Mavg ₱55,096/sqm53 listings |
Average asking prices of public listings on Filipino Homes · ₱/sqm on floor area (lot area for land) · not an appraisal
