30 Acres Vacant Land Cataño FOR SALE

The property refers to a 119,854.30 square meter and or 30.4941 cuerdas raw land industrial parcel, located just east of km. 1.1 of PR-869 along and north Las Palmas Avenue and across the artery from the Distribución del Norte industrial subdivision in the Palmas Ward of the Cataño municipality in Puerto Rico. The property also lies nearby the boundary limits with the Toa Baja municipality.

The property is located in an urban neighborhood, near many light industrial logistics operations and Royal Industrial Park. The property has access to State Road PR-865 and State Road PR-165. Due its proximity to the Puerto Nuevo Ports area, as well as its excellent access provided by the De Diego Expressway and PR-869 to the south and PR-165 to the north, the general neighborhood has become, among others in the Metro Area, within the most attractive areas for industrial facilities or warehouse-distribution buildings, supported by proportional office space.

The property's physical characteristics include an irregular shape, and a mostly level topography. Most of the property's surface is currently covered by dense vegetation including large portions of apparent marsh areas. It is zoned light industrial (IL), suggesting that a consistent industrial use is permissible.

In the immediate vicinity of many office, residential, commercial and retail establishments including restaurants, fast food establishments, schools, and other related services.

Highlights:

• Tax Code #: Parent tract 039-000-009-55
• Zoning: I-L (Light Industrial) & PR (Resource Preservation)
• Topography: Mostly Leveled
• Coordinates: (Lat: 18.44463968, Lon: -66.14638726)