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39 - UR M COLORADO, 2 16,200 SF Retail Building La Pobla de Vallbona, Valencia 46185 $1,292,384 ($79.78/SF)


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Investment Highlights
- Large residential lot.
- Possibility of parcel segregation.
- Single-family detached use.
- Good access from main roads.
Executive Summary
Urban land with an approximate area of 6,500 m2, located in the Monte Colorado development in the municipality of La Pobla de Vallbona. The plot is situated next to the CV-50 highway, with direct access from the Ademuz Road, providing good road accessibility.
The land is included in the R.4 zoning of the General Urban Development Plan (P.G.O.U.) of La Pobla de Vallbona, corresponding to the Montecolorado Residential Zone, where the dominant use is residential for detached single-family homes. The urban planning parameters allow for an approximate buildable area of 1,970 m2.
Current regulations allow for the possibility of subdividing the land into plots with a minimum area of 600 m2, with the potential to develop up to ten detached single-family homes, each with an approximate built area of 195 m2, on plots of around 650 m2.
Currently, within the scope of the land, there is a building constructed in 1978, with an approximate area of 1,500 m2, whose last use was as a nightclub, a factor to consider for future development or reorganization of the area.
The land is included in the R.4 zoning of the General Urban Development Plan (P.G.O.U.) of La Pobla de Vallbona, corresponding to the Montecolorado Residential Zone, where the dominant use is residential for detached single-family homes. The urban planning parameters allow for an approximate buildable area of 1,970 m2.
Current regulations allow for the possibility of subdividing the land into plots with a minimum area of 600 m2, with the potential to develop up to ten detached single-family homes, each with an approximate built area of 195 m2, on plots of around 650 m2.
Currently, within the scope of the land, there is a building constructed in 1978, with an approximate area of 1,500 m2, whose last use was as a nightclub, a factor to consider for future development or reorganization of the area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
16,200 SF
Building Class
C
Year Built
1978
Price
$1,292,384
Price Per SF
$79.78
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.23
Lot Size
1.60 AC
Amenities
- 24 Hour Access
Nearby Major Retailers
1 of 3
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39 - UR M COLORADO, 2
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