Commercial property for sale: 3,000 m² in Tbilisi, Mikheil Tamarashvili Avenue – $15,000,000

For sale: #commercialproperty/#investmentproject Mixed-use development opportunity 📍 Location:Tbilisi 🏢 Commercial property: Total area: 3,000 m² Market value: $7,500,000— $9,000,000 Rental potential: $30—35/m² per month Annual rental income: $1,080,000—$1,260,000 🌍 Land plot: Total area: 1,815 m² (including building footprint) Market value (included in total asset): $13,500,000 🏗️ Residential complex project: Approved building height: 22 floors Total residential area: 7,480 m² (340 m² per floor) Gross floor area: 420 m² per floor (including corridors, elevators, stairs, etc.) Average construction cost: $700/m² Estimated construction budget: $6,500,000 💰 Potential sales revenue: From $18,700,000 to $44,880,000 (depending on market price $2,500—6,000/m²) Additional income from parking: $1,000,000 (100 spaces × $10,000) 📊 Financial outcome: Total expenses: $20,000,000 (construction + current asset value) Profit scenarios: Minimum sales price: —$1,300,000 (loss) Maximum sales price: +$25,880,000 (profit, including parking) 🏦 Key advantage: If the project is financed through apartment and parking sales, the commercial property (3,000 m²) remains as a free long-term income-generating asset, valued at $7.5—9 million, producing $90,000—105,000 monthly rental income. ✅ Conclusion: The project offers exceptional profitability potential under mid-to-high market price scenarios ($3,000-6,000/m²). At higher sale levels, investors gain both up to $25.88M in profit and a prime commercial property asset with continuous rental yield.