16 Calle Hilados - Commercial LAND FOR SALE


Torrejón de Ardoz, MAD 28850 59,202 SF
$500,000 USD
16 Calle Hilados, Torrejón de Ardoz, MAD for Sale
$500,000 USD
Commercial LAND - FOR SALE
1/1
59,202 SF

16 Calle Hilados
Torrejón de Ardoz, MAD 28850


HIGHLIGHTS

  • Estimated capacity: 300 parking spaces.
  • Area with high demand for parking spaces.

OVERVIEW

Sale of Urban Plot with Basic Project Included for Building a Two-Story Underground Parking Garage in Torrejón de Ardoz. Investment with high potential and guaranteed demand. Urban plot located in the "Las Nieves" neighborhood, an area characterized by its high population density and a notable shortage of parking spaces. The plot is situated at Calle Hilados 16-18-20, occupying half of the space known as "Parque del Sol." It offers a prime location for developing a two-story underground parking garage. The surface-level plan includes landscaped areas and a children's playground, ensuring the project integrates seamlessly with the urban environment while providing added value to the community. The property spans a total area of 5,500 m² and is surrounded by approximately 800 to 1,000 residential units in a zone where parking availability is extremely limited. This ensures high demand and significant profitability. The project envisions a capacity of approximately 300 parking spaces, distributed as follows: 180 spaces for local residents (60%) and 120 spaces for private use or short-term parking (40%). Regarding the current market, the sale prices for parking spaces in the area range between €13,000 and €35,000, with an average price of around €18,150, further enhancing the appeal of this investment. This is undoubtedly an excellent opportunity to invest in a highly needed infrastructure with solid growth potential, located in a strategic area of Torrejón de Ardoz.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/ACRE

$367,893/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Parking Garage

LAND ACRES

1.36 AC

LAND SF

59,202 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

1074601VK6717S0001DQ

ASK ABOUT THIS PROPERTY

Jesús ArroyoKing Kong Inmobiliaria & ServiciosMore Info

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Jesús ArroyoKing Kong Inmobiliaria & ServiciosMore Info

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