Parking Lot for Sale in Baba Dogo, Nairobi

Secure Your Prime Parking Space in a High-Demand Commercial Area

Type: All Types Office Shop Warehouse Commercial Building Restaurant Hotel
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Looking for a profitable commercial property investment in Nairobi? This parking lot for sale in Baba Dogo offers excellent returns due to its strategic location and high demand for vehicle storage. With competitive pricing starting from Ksh 10 million, this is a prime opportunity for investors seeking stable rental income.

Parking Lot for Sale in Baba Dogo, Nairobi

Baba Dogo is a bustling commercial hub in Nairobi, known for its high foot traffic and thriving business environment. This parking lot presents a lucrative investment opportunity with strong demand from local businesses and visitors.

About the Parking Lot

The property is strategically located near major roads and commercial establishments, ensuring consistent usage. Key features include:

  • Total area: 1,500 square meters
  • Capacity: Up to 50 vehicles
  • 24/7 security with CCTV surveillance
  • Proximity to shopping centers and offices
  • Clear title deed available

Investment Potential

Parking lots in Baba Dogo generate steady rental income due to limited available spaces and high demand. Current market rates range from Ksh 200 to Ksh 500 per hour, translating to significant monthly returns.

Metric Value
Price Range Ksh 10 million - Ksh 15 million
Potential Monthly Income Ksh 150,000 - Ksh 300,000
ROI Period 3-5 years

Location Advantages

Baba Dogo is well-connected to Thika Road and other major transport routes, making it ideal for businesses requiring accessible parking. The area is also undergoing rapid development, increasing property values.

Frequently Asked Questions

Parking lots in Baba Dogo typically generate between Ksh 150,000 to Ksh 300,000 per month, depending on location and demand.
The property is zoned for commercial use, specifically for parking and vehicle storage. No additional permits are required for standard operations.
Yes, the property comes with a clear title deed under freehold ownership.
The parking lot features 24/7 security personnel, CCTV surveillance, and controlled access points to ensure safety.