
Muranga Road Undeveloped Commercial Plot For Sale – Ngara (Parcel A)
Ultra-prime 0.10-acre undeveloped plot on Muranga Road, Ngara – a high-value inner-city site ideal for a compact mixed-use commercial building in one of Nairobi's most densely utilised commercial corridors.
0.1 Acres
Total Area
KES 150,000,000
Asking Price
Strategic Land Bank
Category
Executive Summary
Executive Summary: Muranga Road in Ngara is one of Nairobi's busiest commercial arteries, connecting the CBD to Westlands, Parklands, and the northern suburbs. The Ngara node specifically is characterised by dense commercial activity – wholesale and retail trade, financial services, transport and logistics – and has seen significant land value appreciation as inner-city commercial land becomes increasingly scarce. This 0.10-acre (405 sqm) plot, while compact, sits on one of the most trafficked roads in Nairobi, making it highly suitable for a multi-storey commercial building – retail ground floor with offices or short-stay accommodation above. The value proposition lies almost entirely in the land's location premium rather than its size. The plot is best approached as a joint acquisition alongside the adjacent Plot 18 (L.R. No. 209/163/1/18) to create a combined 0.20-acre (810 sqm) footprint capable of supporting a more substantial development. Availability Status: Available – Immediate Confidentiality Level: Qualified Investors Only Highest & Best Use: Mixed-Use Commercial Building (Retail + Offices), Short-Stay Hotel Distance to CBD: ~2km | ~8 minutes Nearest Major Road: Muranga Road (A2) Investment Highlights: Muranga Road frontage – maximum commercial visibility and footfall in inner Nairobi Best combined with adjacent Plot 18 to create 0.20-acre development site Inner-city commercial land scarcity drives sustained value appreciation Suitable for multi-storey commercial build with retail ground floor Risk Factors: Small plot size restricts standalone development scope Inner-city construction logistics are complex and costly Should be acquired jointly with Plot 18 for optimal development outcome
Location
Asking Price
KES 150,000,000
KES KES 150,000,000
USD 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.
