Overview
- 437,778.00 ft2
- 437,778.00 ft2
- Category
- 1-5 Miles from Shopping Areas, Any, Investment Property, Land
Description
Introduction to 10.06 acres Commercial Property for Sale
10.06 acres commercial property for sale at 7 miles on George Price Highway, Belize District, Belize.
About the 10.06-acre commercial property
An ideal commercial property located 7 miles from Belize City along the George Price Highway, Belize District, Belize. Enough space to develop its own commercial eco-system from strip-mall to warehouse, residential subdivision, or even hotel development.
The property has 607 feet of frontage along George Price Highway, and according to Google Earth, it is 14 feet above sea level. However, the land is part of the wetlands and will require filling. Since the land is low-lying, it is recommended to incorporate a man-made pond and drainage system into the development plan. After all, water features do add value to the property and aesthetic appeal.
Being so close to Belize City, this is a very important factor, as real estate is in high demand and in short supply. The land is located 2 miles from the end of Belize City’s limits, which presents an opportunity for anyone to develop this property into various mixed-use. The George Price Highway provides direct access to traffic coming from Belmopan City into Belize City and the surrounding areas.
Access and Utilities
Electricity is located along George Price Highway. The highway is paved.
Location
The land is 7 miles from Belize City and 48 miles from Belmopan City. John Smith Road, which connects George Price to the International Airport and the Philip Goldson Highway, is 2 miles west of the property. There are three growing communities within 2-miles of the property.
Let’s Talk about you owning this piece of investment property!
Additional Information
Location Mile 7 George Price Highway, Belize Ditrict
Description Commercial/Hotel/Residential Development
Size o land 10.06 Acres
Package Price: $450,000.00US or $900,000.00US 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 the purchaser must conduct due diligence.