Land for sale near Central festival Chiangmai 3 min, Chiang Mai

Prime Corner Development Land – 3 Minutes to Central Festival Chiang Mai
Red Zone (High-Density Commercial) | 6 Rai | Major 8-Lane Intersection

A rare corner land parcel positioned at one of Chiang Mai’s most strategic commercial corridors.
Located at the intersection of Chiang Mai–Doi Saket Road (Highway 118) and Somphot Chiang Mai 700 Years Road (Highway 132 – Outer Ring Road 2), this site offers strong visibility, high traffic exposure, and full commercial development potential.
Only 3 minutes from Central Festival Chiang Mai, the city’s largest retail and lifestyle destination.

Land Details
- Total Area: 6 Rai 83.4 Sq.wah
(2,483.4 sq.wah / approx. 9,933.6 sq.m.)
- Corner plot at a major 8-lane intersection
Frontage:
- Approx. 88 meters on Chiang Mai–Doi Saket Road
- Approx. 82 meters on 700 Years Ring Road
- Land shape: Triangular configuration
- Estimated usable building footprint: approx. 4 Rai
- Current condition: Vacant, leveled, development-ready
- Existing billboard structure generating visibility exposure
- The wide dual frontage allows flexible access planning and high landmark visibility.

Suitable Development Concepts
- Given the site configuration and zoning, suitable developments include:
- Mixed-Use Development (Retail + Office + Residential)
- Community Mall or Retail Plaza
- Big Box Retail / Automotive Showroom Cluster
- Business Hotel or Serviced Apartment
- High-Rise Condominium
- Medical Hub or Specialty Healthcare Center
- Corporate Office Complex

Investment Structure
Asking Price: THB 198,700,000
Equivalent to THB 80,000 per sq.wah

Investment Rationale
- Strategic corner positioning
- High visibility and traffic volume
- Flexible development potential
- Located within Chiang Mai’s expanding commercial district
- Limited supply of comparable parcels

This offering is suitable for:
-Regional or national developers
-Retail and hospitality groups
-Institutional land banking strategies
-Mixed-use operators
-Real estate private equity investors