Mendoza 901 is a 1,853 m² mixed-use development property in downtown Cabo San Lucas, Baja California Sur, Mexico. Offered at US$1,250,000, the property consists of two cadastral parcels sold together at the corner of Narciso Mendoza and Álvaro Obregón, with Mixto Moderado (MM) land-use designation and potential for residential, commercial, multifamily and professional uses. Located within an established urban area of Cabo San Lucas, Mendoza 901 offers a development profile distinctly different from resort-oriented land. The surrounding neighborhood already includes residences, businesses, offices, schools, shops and essential services, creating potential demand from people who live and work in the city year-round.The property's Mixto Moderado (MM) zoning allows an investor or developer to evaluate several potential concepts. These may include ground-floor retail or neighborhood commercial space with residences above, multifamily apartments, long-term rental housing, professional offices, medical or service-oriented businesses, or a combination of compatible uses. Development of up to four levels may be considered, subject to applicable regulations, project design and final municipal approvals.Its corner position at Narciso Mendoza and Álvaro Obregón provides street exposure and access that may be particularly relevant for a mixed-use or commercial component. The two parcels are being offered together, giving a buyer control of approximately 1,853 m² of centrally located urban land in a single transaction.Mendoza 901 is not vacant land. Existing improvements include residential and commercial areas, storage facilities, parking and a swimming pool. These structures are included in the sale as-is and may provide additional flexibility while a buyer evaluates redevelopment, phasing or future use of the property.For investors, the value proposition extends beyond the acquisition of land. The property offers the ability to study multiple potential revenue streams within one site: residential rents, commercial leases, professional space or a mixed-use strategy combining several of these components.This flexibility may be especially relevant in central Cabo San Lucas, where residential growth, local commerce and the need for everyday services exist alongside the city's tourism economy.Conceptual architectural renderings available for Mendoza 901 illustrate possible redevelopment scenarios only. They do not represent an approved project, guaranteed density or final development rights. Any future project should be independently evaluated against current land-use regulations, construction parameters, infrastructure requirements and municipal approvals.Property highlights include 1,853 m² of total land area, two cadastral parcels sold together, a downtown Cabo San Lucas location, corner exposure at Narciso Mendoza and Álvaro Obregón, Mixto Moderado (MM) land use, residential, commercial and mixed-use possibilities, potential development of up to four levels subject to applicable approvals, and existing residential and commercial improvements, storage, parking and a swimming pool.Mendoza 901 is suited to investors and developers evaluating mixed-use development land, multifamily development, commercial property or income-producing real estate in Cabo San Lucas. Rather than prescribing a single project, the site provides the location, land area and mixed-use framework from which a buyer can evaluate the development strategy that best fits their investment objectives.The two cadastral parcels are sold together. Existing improvements are included as-is.
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https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=en
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https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp