Current Price$1,250,000List Date9/10/2026Last Modified9/10/2026
Overview
Description
Mendoza 901 | Mixed-Use Development Site in Downtown Cabo San Lucas
MLS Description
Mendoza 901 is a rare opportunity to control 1,680.45 m² of mixed-use development land in central Cabo San Lucas. More than an existing property, this is a strategically positioned urban investment with the scale, visibility and zoning potential to create a new income-producing project in one of Los Cabos' most active and supply-constrained locations.
Located at Narciso Mendoza and Álvaro Obregón, Mendoza 901 comprises two separate cadastral parcels offered together, providing valuable corner exposure and access within an established area surrounded by residential communities, commercial buildings, offices, schools, shops and essential neighborhood services.
As Cabo San Lucas continues to expand
Supplements:is increasing for centrally located housing, rental units, professional spaces and everyday commercial services. Large parcels in the city center are increasingly difficult to assemble, giving this property a distinct advantage for an investor seeking long-term appreciation, recurring income potential and flexibility of use.
The property's Mixto M...(Read more)is increasing for centrally located housing, rental units, professional spaces and everyday commercial services. Large parcels in the city center are increasingly difficult to assemble, giving this property a distinct advantage for an investor seeking long-term appreciation, recurring income potential and flexibility of use.
The property's Mixto Moderado (MM) land-use designation supports multiple development possibilities, including a mixed-use project with ground-floor retail or commercial spaces and residences above, multifamily rental apartments, professional offices, service-oriented businesses or another neighborhood commercial concept. Development of up to four levels may be considered in accordance with applicable zoning parameters and final municipal approvals.
Existing improvements include residential and commercial areas, storage facilities, parking and a swimming pool, offering flexibility during the planning of a future redevelopment.
Mendoza 901 brings together what developers look for: substantial land area, a central Cabo San Lucas location, commercial visibility, residential demand and mixed-use development potential. An opportunity to reposition an underutilized urban property into a modern project designed for income, appreciation and the continued growth of downtown Cabo San Lucas.
The two cadastral parcels are sold together. Existing improvements are included as-is.
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of MLS BCS and may not be the listings of the site owner.
Illustrative only — not an offer, not a pre-approval, and not a quote from a lender.
$7,157 USDestimated monthly principal & interest · 30-year term · 10.045% illustrative rate
List price
$1,250,000 USD
Down payment (35% minimum)
$437,500 USD
Loan amount
$812,500 USD
Published one-time costs
Loan origination (3% + $2,600)
$26,975 USD
SRE permit (restricted zone)
$1,272 USD
Bank trust setup — INVEX, incl. 16% VAT
$1,276 USD
Bank trust, each following year
$638 USD
Not included above, because these are negotiated or set per transaction rather than published as a fixed rate: the acquisition tax (ISAI, a municipal percentage that varies by municipality), notary fees, appraisal, registry fees and title insurance. Those come from your notary and closing agent, and I can walk you through them for this specific property. Each one is broken down, concept by concept, in the guide to closing costs in Los Cabos.
A foreign buyer on this coast holds title through a Mexican bank trust rather than directly. How it works, what it costs each year and how it is renewed is explained in the guide to the fideicomiso, the Mexican bank trust.
Rate shown is the illustrative rate published by MoXi · Global Mortgage; the actual rate is set as U.S. 3-year Treasury + individual margin and depends on your credit profile. Peso amounts converted at 17.0245 MXN/USD (August 17, 2026). Figures reviewed August 20, 2026. Sources: MoXi, SRE, INVEX.
Office · Mon–Fri, 9:00 AM – 5:00 PM · Sat, 9:00 AM – 2:00 PM
Marvin, daily on WhatsApp · 7:30 AM – 10:30 PM PST
Marvin Landa Olivares
Sales Associate at RE/MAX Cabo Sanctuary
LIC-RAPIBCS-AI-3690 Each Office Independently Owned and Operated
Cabo San Lucas office
Callejón Cabo San Lucas y 12 de Octubre, S/N, Int. 402
Col. Matamoros, C.P. 23468
Cabo San Lucas, Los Cabos, Baja California Sur, México
All prices are in U.S. Dollars. Peso figures are indicative: under Article 8 of the Monetary Law, the amount
recorded in the deed is the peso equivalent at the official exchange rate on the payment date.
Read the full NOM 247 notice.