Three of the sites were indentified under a previous planning initiative, whilst another option is to move onto land already owned by Grosvenor.
They bought the Abbey for £3.5m in March 2010 with the aim of providing a new home for the U's.
The U's sold the Abbey to property developer Bideawhile in 2004 in a bid to avoid administration, which ultimately failed.
Grosvenor are aiming to relocate the club in a new state-of-the-art community facility and redevelop the Abbey for housing or retail.
The stadium development could include homes, office space and education facilities.
Chris White of Grosvenor's development partners Wrenbridge told BBC Radio Cambridgeshire: "This could potentially be a massive development.
Proposed sites for U's relocation:
Former landfill site at MiltonUniversity owned land near Barton RoadCounty Council owned land near Trumpington RoadLand owned by Cambridge City Council on Cowley RoadFormer Blue Circle quarry on Coldham's LaneLand to the rear of ARM on Cherry Hinton RoadLand to the rear of Addenbrooke's HospitalTrumpington Meadows developmentLand owned by Marshalls close to Cambridge airportDevelopement on former NIAB site in north west Cambridge
"Up to 90 acres with a certain amount for the stadium and 60 or 70 acres of residential led development."
Cambridge United are likely to be the stadium's only tenants, but there will be potential to develop the club's community activity.
"The Cambridge United youth programme is at the heart of what we're trying to do here," White said.
"It's a programme with a real lack of facilities at the current time and would represent a true community use for the new stadium."
Three of the sites are those put forward by Cambridgeshire Horizons in 2008, whilst further options include land owned by Grosvenor as part of the Trumpington Meadows development and the former Blue Circle quarry.
"I think it's too premature to start naming a top two or three as we need to assess all of these sites," White said.
"Each site is bound by planning policy and we also need to discover if the land owners are willing to do a deal."
Grosvenor says the financing for the new stadium is secure, but questions remain over how the facilities running costs will be covered.
The U's are struggling to meet their costs at the Abbey, but White says the new develop will open fresh revenue streams to the club.
"The plan is to have several revenue spin-offs for the football club with conference facilities, retail facilities and hotel facilities," he said.
"At the moment they struggle to generate addition revenue to meet their running costs, but that should change."
Source: BBC Sport