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Av de los Andaluce 14.83 Acres of Commercial Land Offered at $6,617,289 in Griñón, Madrid 28971
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Investment Highlights
- Urban property of 60,000 m2 in Griñón.
- Existing building of 1,000 m2 and own resources.
- Included in PGOU with building potential.
- Possibility of development and rental income.
Executive Summary
The asset is included within the General Urban Development Plan (PGOU) in the management phase, with planned development allowing for vertical construction, offering significant urban potential subject to the processing and execution of the corresponding planning.
The plot features an existing building of approximately 1,000 m² on the ground floor, with established construction characteristics, which can be allocated to compatible uses or existing activities. Additionally, the property is equipped with its own infrastructure, including a water well and connection to the supply network, providing operational autonomy to the asset.
There is the possibility of exploitation through leasing, with the option to assume the current contract, a situation that could generate income from the outset, depending on the agreed conditions.
The location offers excellent connectivity, with proximity to Madrid and easy access by road, situated in an area with available services, facilities, and economic activity. Due to its size and location, the asset is suitable for urban development projects, investment opportunities, or large-scale implementations, depending on the applicable urban planning regulations.
Property Facts
| Price | $6,617,289 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 14.83 AC |
| Price | $6,617,289 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 14.83 AC |
1 Lot Available
Lot
| Price | $6,617,289 | Lot Size | 14.83 AC |
| Price Per AC | $446,320.28 |
| Price | $6,617,289 |
| Price Per AC | $446,320.28 |
| Lot Size | 14.83 AC |
Mixed-use urban property located in the municipality of Griñón (Madrid), with an area of approximately 60,000 m2 of land, integrated into an urban area under development in accordance with current planning.
Description
Urban mixed-use property located in the municipality of Griñón (Madrid), with an approximate land area of 60,000 m², integrated into an urban area undergoing development in accordance with current planning regulations. The asset is included within the General Urban Development Plan (PGOU) in the management phase, with planned development allowing for vertical construction, offering significant urban potential subject to the processing and execution of the corresponding planning. The plot features an existing building of approximately 1,000 m² on the ground floor, with established construction characteristics, which can be allocated to compatible uses or existing activities. Additionally, the property is equipped with its own infrastructure, including a water well and connection to the supply network, providing operational autonomy to the asset. There is the possibility of exploitation through leasing, with the option to assume the current contract, a situation that could generate income from the outset, depending on the agreed conditions. The location offers excellent connectivity, with proximity to Madrid and easy access by road, situated in an area with available services, facilities, and economic activity. Due to its size and location, the asset is suitable for urban development projects, investment opportunities, or large-scale implementations, depending on applicable urban planning regulations.
Presented by
Av de los Andaluce
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