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Calle la Peza, 237R - Activo con potencial para desarrollo de nave 0.32 Acres of Commercial Land Offered at $604,846 in Albolote, Granada 18220
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Investment Highlights
- The asset has an approximate land cost of ~€186 per buildable m², which allows for structuring transactions with competitive returns in the current market.
- This is one of the most established and sought-after industrial locations in the Granada area.
- The property has a land area of 1,321 m² and a buildable area ratio of 2.10 m²/m², which allows for the development of up to approximately 2,774 m² of above-ground built area.
- Good transport links, with convenient access to the GR-30 and A-92.
Executive Summary
Industrial plot in the Juncaril Industrial Estate (Granada), one of the most established business hubs in the province, with very limited land availability.
Asset located in an area with a severe shortage of completed product and strong structural demand for industrial and logistics warehouses in the Granada metropolitan area.
The plot has a surface area of 1,321 sqm and a buildability of 2.10 sqm/sqm, allowing for the development of approximately 2,774 sqm above-ground built area.
An ideal asset for the development of an industrial warehouse for lease, company establishment, or a medium-scale industrial real estate investment project.
The estate has high occupancy and limited land availability, which strengthens the asset’s strategic positioning in the medium and long term.
Urban planning parameters:
1. Buildability: 2.10 sqm/sqm.
2. Number of floors: 3.
3. Maximum site coverage:
Ground floor: 100%.
First floor: 100%.
Second floor: 50%.
Setback of 5 m on the main façade.
4. Minimum plot size for development: 500 sqm.
5. Minimum frontage: 10 m.
6. Notes:
1. For height and buildability purposes, a theoretical height of 4.00 m will be used.
2. To develop any activity, a minimum built area of 250 sqm is required.
Conditions:
Utilities at the plot boundary
Urban planning certificate available
Asset located in an area with a severe shortage of completed product and strong structural demand for industrial and logistics warehouses in the Granada metropolitan area.
The plot has a surface area of 1,321 sqm and a buildability of 2.10 sqm/sqm, allowing for the development of approximately 2,774 sqm above-ground built area.
An ideal asset for the development of an industrial warehouse for lease, company establishment, or a medium-scale industrial real estate investment project.
The estate has high occupancy and limited land availability, which strengthens the asset’s strategic positioning in the medium and long term.
Urban planning parameters:
1. Buildability: 2.10 sqm/sqm.
2. Number of floors: 3.
3. Maximum site coverage:
Ground floor: 100%.
First floor: 100%.
Second floor: 50%.
Setback of 5 m on the main façade.
4. Minimum plot size for development: 500 sqm.
5. Minimum frontage: 10 m.
6. Notes:
1. For height and buildability purposes, a theoretical height of 4.00 m will be used.
2. To develop any activity, a minimum built area of 250 sqm is required.
Conditions:
Utilities at the plot boundary
Urban planning certificate available
Property Facts
1 Lot Available
Lot
| Price | $604,846 | Lot Size | 0.32 AC |
| Price Per AC | $1,882,866.51 |
| Price | $604,846 |
| Price Per AC | $1,882,866.51 |
| Lot Size | 0.32 AC |
Urban land with industrial use located in the Juncaril Industrial Estate (Granada), in a consolidated business area with all urban services available. Plot with regular shape and no existing buildings, suitable for immediate development.
Description
Urban land with industrial use in a strategic location, within a well-established business area with all services.
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Calle la Peza, 237R - Activo con potencial para desarrollo de nave
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