Description
This is one of the most sought after lots in all of David, there is only a small construction on it that is currently generating monthly rental income, this lot is in the heart of the City of David and is a full block as it is surrounded by 4 streets.
Its location is very recognizable as it is in front of the KFC on the Pan-American highway and next to the HYUNDAI distributor. Never before available for sale, until now.
The lot measures a total of 5,500 m2, it has 3 alternate streets that surround it and the Pan-American highway as its main access, something that adds a lot of value to this lot is that it is one of the last available lots on the Pan-American that is considered a proper corner lot.
The construction of a plaza or commercial building is possible on this property and the current structure that it has can be a mini warehouse for construction materials or workers.
As an investment – this lot will never go down in price, it will simply continue to increase in value. You can buy the lot and profit from different rentals for a few years and then sell it for even double the asking price at the moment.
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