The subject investment property is a former staff housing compound of a private corporation, strategically located at the northeast corner of the Butuan–Cagayan de Oro–Iligan Road within Barangay Dalipuga, Iligan City, Lanao del Norte.
The property sits on a substantial landholding of approximately 28,448 square meters and features a range of existing improvements, including a two-storey staff house, a two-storey clubhouse, a shed, guardhouse, and electrical room, among others. Collectively, these structures account for an estimated total gross floor area of 1,513 square meters. Complementing the built improvements are various staff-oriented amenities such as a laundry area, submersible pump building, swimming pool, basketball and tennis courts, perimeter fencing, as well as open parking areas and internal driveways.
The property is located within a predominantly industrial development corridor, while surrounding interior parcels are largely characterized by residential and agricultural uses. The immediate vicinity hosts several major industrial and institutional landmarks, including the RCP Plant Site, Mapalad Energy Generating Corporation, Holcim Cement Lugait Plant, Petronas Energy Philippines, Inc., Dalipuga Centennial Park, and Iligan Bay Vista Village—underscoring the area’s strong industrial and commercial profile.
Accessibility is a key strength of the property, with direct access from the National Highway and reliable public transportation options. The site is also well-connected to regional gateways, with both Lanao del Norte Airport and Laguindingan Airport located approximately one hour away, enhancing its appeal for operational, logistical, or redevelopment purposes.
The world of real estate can be a difficult place to navigate. Whether property is your investment or a tool that drives your business success, you need a partner who can guide you in every step of the way.
Since 1994, Santos Knight Frank has been guiding Fortune 1000 companies, BPOs, private clients, and institutions in all facets of real estate. We advise companies on their best office, retail, and industrial location, oversee commercial fit-out projects, and manage facilities. We have facilitated over 4 million sqm of office transactions on behalf of clients and managed over 40 million sqm of real estate under our property & facilities management arm.
Our residential brokerage platform and wide collection of bespoke homes allow our private clients to buy, lease, and sell properties within their budget, timeline, and lifestyle.
For landlords and investors, we provide valuations and appraisal, consultancy and research, sales and leasing, and property management services across the Philippines.
Santos Knight Frank is part of the global Knight Frank network of over 384 offices in 51 markets, including the strategically important U.S. partnerships with Cresa (commercial real estate) and Douglas Elliman (residential real estate).
We are locally expert and globally connected, end-to-end and best-in-class – as any great partner in property should be.