Industrial land for sale: considerations when negotiating
5/11/2024In the context of Mexico's attraction of companies through nearshoring, industrial land for sale offers an opportunity for companies looking to establish operations in the country, but with specific needs and the need to develop projects with particular characteristics.
In this sense, potential clients should pay attention to several characteristics that make industrial land the best choice for their investment. Here’s an explanation of each one:
What to consider when evaluating industrial land for sale?
1. Added Value
It's essential to analyze what the industrial land offers that might interest a company.
Details that may seem minor can make a difference. Key points include:
- Availability of basic services, such as power supply, water, or communication systems.
- Access to roads and thoroughfares that streamline the company’s operations and logistics.
- Suitable infrastructure for the operational needs.
Any feature that adds value to the company or proves useful for the future is relevant in determining whether purchasing the property is a wise decision.
2. Location
A company must think strategically.
Owners should not choose the cheapest option but rather the one that best suits the company's needs, considering factors like:
- Is the land near main roads?
- Is there access to ports or airports if exporting goods is required?
The location of a property is linked to its value; therefore, selecting a location carefully can increase the chances of a future increase in value.
3. Infrastructure
It’s important that the land has suitable infrastructure to begin operations.
Key factors include the size of the land and its accessibility to allow for machinery operation according to the company’s specific activities, as well as access to communication routes that facilitate product or goods distribution.
It is also crucial to have spacious warehouses for storing raw materials and inventory products.
4. Security
When evaluating options, a secure property should be chosen, both inside and out, to ensure that personnel feel comfortable working there.
If possible, the property should have a security booth and personnel to monitor the area’s safety. It’s also important to assess whether natural disasters, such as floods or landslides, are likely to occur in the region.
5. Land Use
This is essential for carrying out activities in any industry.
Buyers should ensure that the land has all necessary permits for production purposes and complies with relevant regulations.
What is considered industrial land?
According to the Mexican Standard for Industrial Parks (NMX-R-046-SCFI-2015), an industrial park is a defined plot that meets the following criteria:
- It has a property title, permits, and a design suitable for the operation of manufacturing plants or distribution centers. It is located near trade routes and urban areas to facilitate access to markets, suppliers, labor, and services.
- It offers infrastructure and equipment for the industry, as well as basic services (water, power, telecommunications, transportation routes, among others).
- It operates under internal regulations and has an administration that manages its operation, infrastructure, property promotion, and government procedures.
- It has a large-scale development, essential for companies that use machinery in their activities.
- It has adequate internal services (some machines require higher voltage loads and access control, especially if handling hazardous materials or operating in high-risk areas).
- It provides spaces for logistical activities, ideal for companies that, in addition to manufacturing, distribute products and require warehouses and areas to maneuver transport trucks.
At Frontier Industrial, we offer industrial land for sale in various industrial parks with Class A infrastructure, located in the most relevant regions for the Mexican industry. Feel free to contact us if your company is looking for space to establish operations in Mexico.