Corner Warehouse for Sale Along Custodio Street, Cavite City
About this property
Corner warehouse of 704 square metres on Custodio Street in Cavite City, near Cavite Medical Center and the Cavite State University campus. The asking price is ₱34,998,000, or ₱49,713 per square metre. The seller states the title is clean and will shoulder the capital gains tax. The corner position gives the site two street frontages, which matters for truck access and for any conversion to retail. Confirm the tax clearance and the zoning for your intended use before you make an offer.
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The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.
Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.
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