Overview
- 196,020.00 ft2
- 196,020.00 ft2
Description
4.5 Acre Commercial Property at Mile 6.5 George Price Highway, Belize District for sale.
Introduction to the property
For Sale a prime commercial 4.5 Acre property located at mile 6.5 Miles on the Goerge Price Highway. Best of all, the property is just 825 feet from Burdon Canal Bridge which is the end of Belize City Limits.
About the 4.5 Acre Commercial Property
The property consists of 2-sections: Section A consists of 1.93 Acres with 213 feet along the George Price Highway; Section B consist of 2.715 Acres. To note, there is an easement between Section A and B for the Hydro Electric Power Transmission Line.
Commercial Property Size of Section A and Section B
Section A
North boundary (Highway) 213.35 feet (width)
East Boundary 361.16 feet (depth)
West Boundary 379.99 feet (depth)
South Boundary 214.76 feet (width along Hydro Line reserve)
Total Area 1.79 Acres
Section B
North 214.76 feet (width along Hydro Line reserve)
East Boundary 573.83 feet
West boundary 548.30 feet
South Boundary 213.24 feet
Total Area 2.715 Acres
Elevation and Topography
According to Google Earth the average elevation for the area is between 8-12 feet above sea-level. However, the area is mostly Mangrove and wetlands. But note, with proper mangrove clearing permit development can take place for fill and development.
Additionally, to alleviate water settlement on the land, one can build proper drainage. Also, building drainage leading to a pond may provide additional alleviation.
Location of the 4.5 Acres
Strategically located at mile 6.5 miles along the George Price Highway and just 825 feet short from being within Belize City Limits!
Old Belize Marina/Cucumber Beach is located 1 mile from the property. Additionally, within 1 to 1.5 mile to either direction of the Highway, there are new or under construction warehouses. Therefore, the demand for large size property is becoming evident and with demand comes shortage and price increase.
The 4.5 Acres may be utilized for any commercial application or even a residential development.
Belize Commercial Property For Sale
Overview
Location 6.5 Mile George Price Highway, Belize District, Belize
Description Commercial/Residential
Total Acreage 4.5 Acres
Asking Price $175,00.00US or $350,000.00BZ Plus Transfer Fees
Closing Fees:
Includes but not limited to Stamp Duties, Registration fees payable to the
Government of Belize and legal fees are assumed by the purchaser
Central Bank Permits
If applicable sale will require permit from Central Bank of Belize under the Section 40 of the Exchange Control Regulations 2003
Notices
Price Deemed to change without notice; Property sold as is, where is; transferrable title
Photos showing boundaries are for demonstration purposes only and purchaser must conduct due diligence.