Parking Lot for Sale in City Cabanas, Imara Daima

Secure Your Prime Parking Space in Nairobi's Thriving Commercial Hub

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Discover a prime parking lot for sale in City Cabanas, Imara Daima-an ideal investment for businesses and property developers. Located in one of Nairobi's fastest-growing commercial areas, this parking space offers high foot traffic, security, and excellent ROI potential. Perfect for vehicle storage or commercial parking services.

Parking Lot for Sale in City Cabanas, Imara Daima

This well-located parking lot presents an excellent commercial real estate opportunity in Nairobi's thriving Imara Daima neighborhood. Strategically positioned near major business centers and transport routes, it ensures steady demand from both businesses and visitors.

About the Parking Lot

The property is a secure, well-maintained parking space with:

  • Total Area: Approximately 1,000 sqm
  • Capacity: Up to 50 vehicles (cars & SUVs)
  • Security: 24/7 surveillance & gated access
  • Accessibility: Paved surface with easy entry/exit

Investment Potential

Metric Details
Price Range Ksh 15 million to Ksh 25 million
Potential Monthly Income Ksh 150,000 - Ksh 300,000 (depending on occupancy)
ROI Estimate 8-12% annually

Why Invest Here?

  • High Demand: Limited parking spaces in the area drive consistent usage.
  • Proximity to Businesses: Close to shopping centers, offices, and eateries.
  • Future Growth: Imara Daima is rapidly developing as a commercial hub.

Location Advantages

The parking lot is situated near key landmarks such as:

  • Shopping malls and retail outlets
  • Public transport hubs (matatu stages)
  • Major roads connecting to Nairobi CBD and Mombasa Road

Frequently Asked Questions

The parking lot currently operates at approximately 70-80% capacity during peak hours, with potential to increase through strategic marketing.
The property can be sold with or without existing leases. Current arrangements (if any) would be disclosed during due diligence.
You would need a business permit from Nairobi County Government and compliance with local zoning regulations for commercial vehicle storage.
Subject to county approval, the property could potentially be redeveloped for other commercial purposes like retail shops or offices.
The property features perimeter fencing, controlled access gates, and CCTV surveillance for vehicle safety.