Calle de la Pirotécnia, 70 7.87 Acres of Commercial Land Offered at £7,268,899 in Vicálvaro, Madrid 28052

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INVESTMENT HIGHLIGHTS

  • Dominant commercial use
  • Excellent communications
  • Ideal for data center
  • Maximum buildability 0.91

PROPERTY FACTS

Price £7,268,899
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 7.87 AC

1 LOT AVAILABLE

Lot

Price £7,268,899
Price Per AC £923,352.48
Lot Size 7.87 AC

DESCRIPTION

Urban land located on Calle Pirotecnia, in the town of Madrid, province of Madrid. The dominant use is commercial for small and medium-sized commercial centers. The characteristics of the solar panels are as follows: Land with registration area: 31,858.00 m2. Maximum unit buildability: 0.91 m2/m2. Maximum buildability: 28,864.00 m2. Maximum allowed heights: 5 floors. Setbacks: 3 meters to the border. Good road communications due to its quick access to A-3, M-45 and R-3. Counteroffers will be studied. It is valued at 9,350,000 euros, in April 2024. The extension of use to industrial logistics has been carried out, pending the Madrid City Council. Another 31,000 square meters can be joined together, also at 8,500,000€ plus VAT. Ideal for data centers with this current use.

  • Listing ID: 28661822

  • Date on Market: 03/02/2021

  • Last Updated:

  • Address: Calle de la Pirotécnia, 70, Vicálvaro, Madrid 28052