PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY | LAURELES (AV. 33)
Two Adjacent Lots on High-Mix Commercial Corredor | 450 m² Total Land Area
Positioned directly on the high-visibility Avenida 33 corridor in the Las Acacias / Laureles district (Comuna 11), these two contiguous properties present an exceptional development and commercial investment opportunity in one of Medellín's most dynamic and rapidly appreciating sectors.
Key Financials & Property Specs
Asking Price (Both Properties): $4,500,000,000 COP
Total Lot Area: 450 m² (225 m² each)
Total Street Frontage: 16 linear meters on Av. 33 (8 m frontage per property)
Existing Built Area: ~700 m² total (~350 m² across 2 levels per building)
Location: Avenida 33 Laureles, Medellín
Urban Zoning & Development Parameters (Medellín POT)
Based on official zoning documents, the combined lots feature highly favorable parameters for commercial or mixed-use development:
Zoning Code: Z4_CN1_15 (Consolidación Nivel 1)
Land Use: 100% High-Mix Area / Corridor (Alta Mixtura)
Construction Index (IC AN): 2.5
Residential Density: 250 Viv/Ha
Development Potential: Ideal for mixed-use buildings, boutique short-term/long-term residential units, corporate headquarters, retail centers, or flagship commercial/dining venues.
Investment Highlights
Unbeatable Location & Exposure: Strategic frontage along Avenida 33, surrounded by established retail, dining, and professional service hubs.
Generous Frontage: 16 meters of continuous street frontage provides ideal visibility for retail facades or architectural design for modern vertical projects.
Immediate Cash Flow Potential: Current structures accommodate active commercial premises, providing holding income while architectural plans and development permits are finalized.
High-Demand Corridor: Laureles remains one of Medellín's top-performing submarkets for residents, expats, and national businesses.