PROPERTY DESCRIPTION:

This property is owned by International Container Terminals Services, Inc. (ICTSI).  D S Panaguiton Realty, represented by Ms. Dinnah S. Panaguiton is one of the authorized (non-exclusive) brokers of  ICTSI. All proposals /letter of intent to buy should be directed to ICTSI coursed through DSPanaguiton Realty. A Fair Market Value Appraisal was done by Cuervo Appraisers, Inc. Copy of documentation on this appraisal can be furnished to any interested party. ( e-mail me at [email protected])This property is best suited for residential use for it is located on the northeast end of Saint Francis Avenue, ( main road of Saint Francis Subdivision).  Saint Francis Avenue is 8 meters wide , concreted and provided with concrete curbs and gutters, concrete sidewalks and underground drainage systems.

 a. Location/Neighborhood data /Utilities;

      Property is located at Barangay Niugan, Cabuyao, Laguna.It is located  in an area where land development is of mixed use, specifically residential and light industrial.

      Generally, the streets in the neighborhood are designed to carry light to heavy vehicular and pedestrian traffic loads.  Major thoroughfares are concreted, with widths ranging from 15 to 20 meters and lighted with mercury arc lamps.

       Some of the important structures and establishments within the vicinity are :

        1. Saint Francis Subdivision

        2. Asia Brewery

        3. Nestle Philippines, Inc.

        4. J.& J. Store

        5. Iglesia ni Cristo Chapel

        6. Rural Bank of San Antonio, Inc.

        7. Barangay Niugan Elementary School

        Cabuyao Public Market serves the marketing needs of the residents in the area. Other community centers like the post office, public market, other churches, hospitals/clinics  are accessible from the said thoroughfare

        Electric power is available at the site, while water supply through deepwell can be made available at the site.

        Public transportation connecting to various sections of Cabuyao, Laguna and its neighboring towns is available along the National Highway which is approximately 300 meters from the property. Other community facilities are maintained by the local government. 

        2. Land Data :

        The property is composed of 29 lots containing an agrregate area of 197, 517 sq. m., all these are titled. (Complete listing of titles will be made available for verification purposes)

         The property is improved with fence and gate.

       3.  Highest and Best Use of Land( as per Cuervo Appraisers Report)

            Based upon an analysis of the prevailing land usage in the neighborhood and the property itself, the best and highest use  for the property is for a residential utility ( a subdivision development).  

          Highest and Best use is defined as the most profitable use of the property.