For Sale - Commercial Lot
Corner Development Site at C. Rosal Street and Molave Street
For property developers seeking a strategically located site in Cebu City, this 1,702-square-meter corner lot in Lahug presents an opportunity to evaluate a residential, commercial, or mixed-use development, subject to zoning and regulatory approval.
Located at the corner of C. Rosal Street and Molave Street, the property occupies an established urban area near Cebu Parklane International Hotel, UP Cebu, and the Cebu Business Park district. Its position within the wider Lahug area makes it worth considering for developers assessing a central Cebu City project.
The asking price is ₱120,000 per square meter, net of taxes, equivalent to an indicative total of ₱204,240,000, based on the stated lot area and price.
Property Details
| Property Detail | Description |
|---|---|
| Property Type | Corner Development Lot |
| Location | C. Rosal Street corner Molave Street, Lahug, Cebu City |
| Lot Area | 1,702 sqm |
| Site Configuration | Corner lot, according to the supplied property materials |
| Road Setting | Along a wide road, according to the seller |
| Title Status | Described as titled by the seller; subject to verification |
| Asking Price | ₱120,000 per sqm, net of taxes |
| Indicative Total Price | ₱204,240,000, based on the stated area and rate |
| Property References | Location map, aerial imagery, street-view images, and lot plan |
All property details are based on the supplied materials and should be independently verified before purchase.
Why Consider This Development Lot in Lahug?
1. Central Cebu City Location
The supplied location map places the property near several established destinations, including Cebu Parklane International Hotel, UP Cebu, and the Cebu Business Park area.
For a developer, the relevant question is how the site’s location, surrounding uses, access, and permitted development potential align with the intended project and target market.
2. Corner Lot Configuration
The property’s corner position at C. Rosal Street and Molave Street is a key site characteristic. Depending on the verified road boundaries, setbacks, access arrangements, and applicable regulations, a corner configuration may provide additional design options compared with an interior parcel.
Developers should confirm the actual frontage dimensions and determine how the corner position affects the building footprint, entrances, vehicle access, and usable development area.
3. Potential for Vertical or Mixed-Use Development
The seller identifies the property as suitable for a vertical residential or commercial project. This makes it relevant for developers evaluating a condominium, residential building, or mixed-use concept.
However, the achievable building height, floor area, density, parking provision, setbacks, fire-safety requirements, and permitted uses have not been established by the supplied materials. These factors must be verified before determining the site’s development capacity.
The seller also indicates that two condominium towers may be accommodated. This should be treated as an unverified development concept—not a confirmed capacity or approved project.
Location and Surrounding Area
The supplied map identifies the property near C. Rosal Street, Molave Street, and the wider Lahug area. Other visible landmarks include Cebu Parklane International Hotel, UP Cebu, and Cebu Business Park.
These references help establish the property’s general location, but prospective buyers should inspect the site and assess actual road access, traffic conditions, neighboring properties, and the surrounding environment.
For developers, location analysis should be paired with a market study of the intended product, including target buyers or tenants, competing projects, achievable pricing, and likely absorption. The site’s location alone does not establish the financial viability of a proposed development.
Asking Price and Acquisition Considerations
The asking price is ₱120,000 per square meter, net of taxes.
Based on the stated land area of 1,702 square meters, the indicative total asking price is:
1,702 sqm × ₱120,000/sqm = ₱204,240,000, net of taxes.
The final price, transaction taxes, and other acquisition costs should be confirmed with the seller.
Before making an offer, a developer should review the title and technical description, verify the site’s boundaries and road frontage, confirm the official zoning and allowable building parameters, and commission a preliminary development feasibility assessment.
Request Property Details or a Site Inspection
If you are evaluating development land in Lahug or other central areas of Cebu City, this 1,702-square-meter corner property offers a site to assess for a potential residential, commercial, or mixed-use project.
Contact MetroCebu.net to request further property information, review the available lot plan, and arrange a site inspection.
Serious development inquiries should establish the intended project, target market, preliminary site requirements, and due-diligence process before development capacity or project economics are assumed.
Disclaimer:
All property information, including prices, unit sizes, features, and availability, is subject to change without notice. While reasonable care is taken to ensure accuracy, final details are confirmed during the reservation and contract process. Buyers are advised to verify current information prior to commitment.
