A development land plot in one of Riga’s most перспективных development areas — Jaunmoku Street 12, located in a Mixed Centre Development Zone (JC4).
The property is particularly suitable for a conservative, low-risk development without underground construction, significantly reducing project costs and technical risks while maintaining strong development potential.
According to the zoning regulations, development of up to 4 floors is permitted, with a maximum building density of 150%, building intensity of up to 1.6, and a minimum green area of 10%.
Based on a conservative approach, it is possible to develop approximately 40% of the land plot, with a building footprint of around 5,500 m² per floor and a total gross area of up to approximately 21,950 m². The saleable or leasable area is estimated at approximately 17,500–18,000 m², ensuring a balanced ratio between development costs and potential returns.
The site layout also includes approximately 1,370 m² of green area and around 6,800 m² of open space.
The property offers a wide range of development possibilities and is suitable for a multifunctional project, including offices, retail or service buildings, a hotel, a clinic, an educational facility, or a mixed-use development.
The location provides convenient access to public transport, proximity to the city centre and major transport routes, as well as full urban infrastructure.
The attractiveness of the property is further enhanced by active development in the surrounding area, transforming it into a dynamic commercial and service hub.
Several significant projects are planned nearby, including the “Spice Wellness” complex at Lielirbes Street 29, designed as a modern health and services centre, as well as new commercial development at Jaunmoku Street 32, including service infrastructure and an entertainment facility — a karting hall.
In the Mazirbes Street area, a food wholesale centre is being developed at Mazirbes Street 1, along with an office and retail complex at Mazirbes Street 3, which will generate steady employee and customer flow.
These developments significantly strengthen the area as a multifunctional business, service, and lifestyle hub, ensuring increasing foot traffic and demand for commercial space, making Jaunmoku Street 12 a strategically attractive and sustainable investment.
