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.