₱1,518,050,000
Commercial Development Land for Sale in Lapu-Lapu City, Cebu
A large commercial development landholding is offered for sale along M.L. Quezon National Highway in Marigondon, Lapu-Lapu City, Cebu. With a stated land area of 30,361 square meters and approximately 70 meters of frontage, this property may be worth evaluating for developers and investors seeking a substantial site in a built-up part of Lapu-Lapu City.
According to the seller’s property details, the land is titled and identified as a corner lot. The seller cites commercial and mixed-use development, a hotel, or a high-rise condominium as potential development concepts, subject to official zoning, site suitability, and regulatory approvals.
Property Details
| Property Feature | Details |
|---|---|
| Property Type | Commercial / Development Land |
| Location | M.L. Quezon National Highway, Marigondon, Lapu-Lapu City, Cebu |
| Stated Lot Area | 30,361 sqm |
| Lot Configuration | Corner lot, according to the seller |
| Frontage | Approximately 70 meters, according to the seller |
| Asking Price | ₱50,000 per sqm |
| Indicative Total Price | ₱1,518,050,000 |
| Price Terms | Net of taxes, according to the seller |
| Title Status | Titled, according to the seller |
| Reference Materials | Property photographs and Google Maps location images |
Location Along M.L. Quezon National Highway
The property is identified along M.L. Quezon National Highway in Marigondon, Lapu-Lapu City. The supplied location images show surrounding residential neighborhoods, roadside businesses, restaurants, and other establishments.
Its reported highway frontage and corner-lot position are important characteristics for developers to investigate when assessing site access, visibility, circulation, and potential project layouts. Actual access arrangements and frontage measurements should be confirmed through a site inspection and the relevant property documents.
For more information about the area and its development potential, explore our guide to Lapu-Lapu City real estate and development opportunities.
Potential Development Opportunities
The seller identifies several potential development concepts for the property:
- Commercial development: A project serving surrounding communities and the wider local market.
- Mixed-use development: A combination of uses, subject to applicable land-use and building regulations.
- Hotel development: Subject to market feasibility, site suitability, and the required approvals.
- High-rise residential development: Subject to zoning, allowable building height and density, infrastructure capacity, and project approvals.
These are potential concepts rather than confirmed permitted uses. Interested developers should verify the property’s official zoning classification, development parameters, title boundaries, access, utilities, drainage, and any applicable easements or restrictions before committing to a project.
Asking Price
The seller’s stated asking price is ₱50,000 per square meter, net of taxes.
Based on the stated land area of 30,361 sqm, the indicative total asking price is ₱1,518,050,000. The final price and applicable transaction costs should be confirmed with the seller.
Frequently Asked Questions
Where is the property located?
The property is identified along M.L. Quezon National Highway in Marigondon, Lapu-Lapu City, Cebu, Philippines.
How large is the property?
The seller states a land area of 30,361 square meters. Buyers should confirm the area against the title and approved survey documents.
What is the asking price?
The stated asking price is ₱50,000 per square meter, net of taxes. Based on 30,361 sqm, the indicative total is ₱1.51805 billion.
Does the property have highway frontage?
The seller states approximately 70 meters of frontage. The exact frontage and access arrangements should be verified against the property survey and on-site conditions.
Is the property suitable for a hotel, condominium, or mixed-use project?
The seller identifies these as potential development concepts. Actual feasibility depends on official zoning, permitted density and height, site conditions, infrastructure, and the necessary approvals.
Is the property titled?
The seller describes the property as titled. Prospective buyers should independently verify the title, ownership, boundaries, and any encumbrances.
How can I request more information or arrange a site inspection?
Contact MetroCebu.net to request further property details and coordinate a site inspection.
Inquiries and Site Inspection
For the property documents, confirmation of the asking terms, and arrangements for a site inspection, contact MetroCebu.net.
Serious buyers and developers are encouraged to conduct title, zoning, technical, and commercial due diligence before submitting a formal offer.
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.
