Promising Industrial Land for sale at Aruküla tee 57e, Jüri, Rae Parish.
A rare combination of existing rental cash flow and future development potential. The property is leased until Q3 2029, and the valid detailed plan allows new construction on the site. The property is currently used as a sorting yard.
KEY INFORMATION
/ Land plot area: 8,343 m², designated use 100% industrial land
/ Leased until Q3 2029
/ Monthly rent: €4,170; lease indexed to CPI, with a minimum annual increase of 3%
/ Valid detailed plan: building footprint up to 1,251 m² and above-ground GBA up to 3,753 m²
EXISTING CASH FLOW
The property provides immediate rental income to the buyer and is suitable for an investor seeking stable commercial real estate with development potential. Based on the current lease agreement, the estimated yield is approximately 8%, with annual rent indexation on top.
DEVELOPMENT POTENTIAL
The valid detailed plan allows the construction of a building with a footprint of up to 1,251 m² and above-ground gross building area of up to 3,753 m². The current planning uses only approximately 13% of the property, leaving clear reserve potential for the future.
LOCATION AND USE POTENTIAL
The property is located in Jüri, in an active area of industrial, warehouse and service businesses. According to the comprehensive plan, the property is situated in an area designated for the development of production and warehouse uses, supporting long-term commercial use and creating a strong basis for value growth.
ADDITIONAL INFORMATION
It is particularly suitable for an investor, developer or company looking for income-generating industrial land in Harju County with future development potential.
Detailed planning files are available here: https://map.rae.ee/dp/DP0110/
Additional information on the comprehensive plan is available here: https://www.rae.ee/juri-uldplaneering