Muranga Road Undeveloped Commercial Land For Sale – Ngara (Parcel B)
Ultra-prime inner-city plot on Muranga Road, Ngara – best acquired alongside adjacent Parcel A (LR 209/163/1/17) to create a combined 810 sqm development site capable of supporting a significant multi-storey commercial scheme.
0.1 Acres
Total Area
KES 150,000,000
Asking Price
Strategic Land Bank
Category
Executive Summary
Identical in characteristics to Parcel A (LR 209/163/1/17), this 0.10-acre plot on Muranga Road, Ngara represents the second half of a natural dual-parcel acquisition. Together, Parcels A and B form a 0.20-acre (810 sqm) consolidated site at one of Nairobi's busiest commercial intersections. Combined acquisition pricing of KES 300M for 810 sqm of Muranga Road frontage represents compelling value in the context of inner-city Nairobi land scarcity. Muranga Road is a major arterial into and out of Nairobi's core, with extremely high pedestrian and vehicular traffic counts. Ngara's commercial character, proximity to the River Road wholesale district, and connectivity to Parklands make it a prime location for commercial, hospitality, or mixed-use investment. A combined 810 sqm footprint supports a building of approximately 4,000–6,000 sqm NFA across multiple floors.
Visual Documentation
Asking Price
KES 150,000,000
KES KES 150,000,000
USD $1,163,000
Parcel Summary
Confidential Investment
This memorandum is provided for qualified investors only. All site visits require 24-hour notice and NDA execution.