Property Description
This Commercial Lot in 42 P. Almendras Street, Cebu City, Cebu, Philippines is for sale at ₱195,000,000. It features 1000 sqm of lot area.
Commercial Lot for Sale in Mabolo Cebu City Lot area: 1000sqm With an old house. The property is located in Almendras St. Barangay Mabolo, Mabolo Proper — a central barangay in Cebu City’s North District. Close to major landmarks like SM City Cebu, Ayala Center Cebu, Cebu IT Park, and San Carlos Seminary. The street is lined with mid-rise condos, shops, eateries, schools, and automotive services Location & Accessibility The property is within a 5–15 minute drive in a top-tier shopping centers—SM City Cebu and Ayala Center Cebu. This property is close proximity to Cebu Business Park, IT Park, eateries, schools, and automotive services enhances urban convenience. Accessibility and Surroundings: Major jeepney routes such as 06H, 03, 20A/20B, 21A/22A, and modern Beep ejeepneys run along nearby main roads—F. Cabahug, Sindulan, and Pope John Paul II Ave—all within 100–200 m of Almendras Street. For last-mile travel, habal-habal (motorcycle taxis) are commonly used . Commuting to Ayala or IT Park is straightforward, but evening return trips to Mabolo often require motorbike taxis, Grab/Angkas rides, or private vehicles due to limited night transportation. Almendras Street in Mabolo is a well-situated neighborhood offering a range of realestate options—from budget-friendly urban condos to high-end homes. It benefits from proximity to Cebu’s economic hubs and diverse amenities.
Commercial Lot Prices in Cebu City
Avg sale price by size and furnishing · 22 for sale listings
This commercial lot is 119% above the average per sqm for a commercial lot for sale in Cebu City (₱195,000/sqm vs ₱89,065/sqm, 22 listings).
The average commercial lot of 1,000–4,999 sqm for sale in Cebu City is ₱142M (₱93,082/sqm), from 13 listings.
Avg sale price of commercial lot listings in Cebu City, by lot area
| Lot area | Avg sale price · all |
|---|---|
| Under 100 sqm | avg₱9.0Mavg ₱131,868/sqm1 listing |
| 100–299 sqm | avg₱22.0Mavg ₱83,019/sqm1 listing |
| 300–999 sqm | avg₱38.8Mavg ₱83,245/sqm6 listings |
| 1,000–4,999 sqm | This listingavg₱142Mavg ₱93,082/sqm13 listings |
| 1–5 hectares | avg₱389Mavg ₱35,000/sqm1 listing |
| All commercial lot | avg₱113Mavg ₱89,065/sqm22 listings |
Average asking prices of public listings on Filipino Homes · ₱/sqm on floor area (lot area for land) · not an appraisal

















