10 Acres located just off Mile 4 1/2 on the Northern Highway just south of the Haulover Bridge. Property can be accessed by two surveyed roads one to the North and another to the East. Roads will have to be built out but given the current purchasing and development activity along Belize City's Northern Highway - the investment is well worth the cost.
Property consists of one parcel and is bordered by streets along its entire western boundary, and along a section of its eastern boundary. Property is ideal for developing as a Commercial or Industrial Plaza as two other large parcels which we also represent, run directly south and east of the property.
If combined, these two parcels would add an additional 16.5 Acres with Direct Highway Frontage and would cover both sides of property's main access road coming in from the Northern Highway.
Property also lies directly east of the largest undeveloped acreage in North Side Belize City. Recently purchased, this property lies west of the subject property and runs to the Haulover Creek - Belize City's Man-Made Branch of the Belize River. This 90+ acre estate is the best candidate for a new residential community in North Side Belize City so properies bordering this estate and the Northern Highway stand as the best candidates for future commercial development.
With current market values for undeveloped acreage along the Northern Highway just a mile south of subject property reaching values of over $500,000 BZD an acre, this property holds immense investment value with both current and future potential.
Current asking price is $240,000 BZD ($120,000 USD) an Acre in Belize's healthiest real estate market.
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