Zona Parla Norte 25,629 SF Vacant Industrial Building Parla, Madrid 28983 £2,571,750 (£100.35/SF)

Industrial building of 2,381 m2 built, built on a buildable land of 3,159 m2, which includes a parking area of 778 m2. Strategic location in the Parla Norte area, in the northeast of the municipality, and where the Parla Norte station will be built, which will respond to new urban developments in the area. This unique investment offers a combination of strategic location and great development potential. The land has a total built area of 3,159 m2, including: - Warehouse of 1,690 m2. - Warehouse of 691 m2. - 778 m2 car park. It represents an unbeatable development opportunity, since this land benefits from a building capacity of 1.4%, allowing the construction of up to 4,422 m2 in height. This translates into the possibility of building up to 49 floors of 90 m2 each, demonstrating its enormous investment potential. Strategic location, since there is a construction project for the new Renfe Cercanías de Parla Norte station, already authorized by the Government. The works will begin on January 7, 2024. This station could be operational in the spring of 2025, and is part of the Madrid Commuter Services Improvement Plan and will serve line C-4, the second with the highest demand in the region. This new infrastructure will significantly improve sustainable mobility in the area. This development point is 25 minutes from Puerta del Sol (5 minutes walking to Parla station, and 20 minutes by train). Becoming the best residential area in Parla. Investment with an estimated value of 14.9 million euros for the construction of the new Parla Norte station. This underlines the importance of this location for the development of the region. The new Parla Norte station has been designed to be a catalyst for the area's growth. With an area of 900 m2, the station will also have 3,500 parking spaces.