Calle San Pelayo de Navia 64 18,837 SF Industrial Building Vigo, Pontevedra 36212 $2,801,938 ($148.75/SF)

An industrial warehouse is available on a 4,610 m² plot, offering potential for future appreciation, both for residential and tertiary use.
The property is located in a desirable area near Navia, Avenida de Europa, and Samil, within a zone of urban expansion and transformation in the city. The industrial warehouse features approximately 1,650 m² of industrial space, along with office areas, auxiliary covered spaces, and large outdoor areas.
**INVESTMENT WITH EXISTING ASSET AND DEVELOPMENT POTENTIAL**
This opportunity allows for a dual investment strategy:
- Current exploitation of the property through leasing for storage, logistics, or other compatible activities.
- Medium- and long-term real estate potential stemming from the inclusion of the property in the SUB-603 urban development area.
Should new construction be promoted, and in accordance with the applicable planning parameters for the area, a buildability ratio of 0.75 m²/m² is contemplated, with a predominance of residential use (90%) and tertiary use (10%).
On a 4,610 m² plot, these parameters suggest a theoretical buildable potential of approximately 3,457 m², whose effective realization will depend on urban development and management of the area, allocation of land use, concessions, charges, and other applicable determinations.
**A TWO-PHASE INVESTMENT STRATEGY**
The presence of an industrial warehouse currently in use allows for a property management strategy that generates income during the urban development maturation period, while simultaneously maintaining participation in the future development of the area.
As such, the property is particularly suitable for:
- Real estate and asset investors.
- Developers with a medium- to long-term strategy.
- Family offices and investment companies.
- Businesses interested in combining current use of the property with future real estate positioning.
**LOCATION**
The asset is located in the Navia – Avenida de Europa – Samil area, near established residential zones and new urban developments, approximately 800 meters from Samil Beach. Its location, plot size, existing industrial construction, and integration into an urban development area make this a rare opportunity within the municipality of Vigo.
**KEY DETAILS**
- Plot size: approx. 4,610 m².
- 140-meter frontage to public road.
- Roof overhangs: 800 m².
- Urban development area: SUB-603.
- Planned buildability for the area: 0.75 m²/m².
- Planned uses: 90% residential and 10% tertiary.
- Theoretical buildable potential of approximately 3,457 m².
**INVESTOR INFORMATION**
Technical, cadastral, and urban planning documentation is available for analysis of the operation. Information regarding buildability, land use, and zoning is provided for informational purposes. The final buildable area on the property will depend on the development and management of the area, allocation of land use, concessions, urban charges, and other applicable administrative determinations.
In summary, this is an opportunity for those seeking to acquire an existing real estate asset that can be exploited today, with additional potential for transformation and future development in a strategic area of Vigo.