$4,500,000

#541-#559 Sergio Cuevas Bustamente Hato Rey Ward San Juan, PR 00918

Estimated payment $29,138/month

Total Views 8,247
1.12 Acres
$4,017,857 Price per Acre
48,787 Sq Ft Lot

About This Lot

Land available in Hato Rey with a privileged location, right next to the Hospital del Maestro, the La Merced Dev., the Las Americas Expressway and Manuel Domenech Ave. It has an area of approx.4,549 sm, divided into 12 lots of approx. 400sm each, with a mostly rectangular configuration and a wide front. It is currently used as a parking lot with 135 spaces. This space is ideal for developing an urban, residential or mixed-use project. The area is characterized by a high population density and a dynamic mix of uses. Nearby there are residences, multi-family buildings, medical and health service offices, condominiums, senior living, restaurants and passive parks. This diversity contributes to the vitality and attractiveness of the area. The land is zoned R-4, which offers various development possibilities, although some potential uses could require a zoning change. This is an excellent investment opportunity in one of the few available lands of this type in Hato Rey.

Listing Agent

Milton Serrano

REALITY REALTY Brokerage Phone: 787-745-8777 License #12272 Listed on: 09/30/2024

Property Details

Property Type

  • Land

Lot Details

  • 1.12 Acre Lot
  • 33 Ft Wide Lot
  • 12 Lots in the community
  • Additional Parcels
  • Property is zoned R-4

Listing and Financial Details

  • Assessor Parcel Number 062-080-831-26-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.12
  • Lot Size Sq Ft: 48947
  • Number Of Lots: 12
  • Directions to Property: Take PR-18, Las Americas Expressway, towards Hato Rey (towards the South if coming from Old San Juan or Santurce; North if coming from Caguas or Guaynabo). Take the Manuel Domenech Ave. exit towards the East, and immediately turn right on Juan José Jimenez St. Turn left on Sergio Cuevas Bustamante St, the land is on the right-hand side, beginning in the corner and up to #538-B of the same street. The land also includes adjacent lots #570 and #572 on Hermogenes Alverio St. Continue to Manuel Domenech Ave. from Sergio Cuevas Bustamante St, turn right and immediately turn right on Hermogenes Alverio St, up to #570 and #572. These are adjoining on the back with the rest of the land.
  • Status: Active
  • Ownership: Other
  • Escrow State: PR
  • List Office Head Office Key Nume: 507529944
  • RATIO Current Price By Calculate: 91.94
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 787-745-8777
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: #541-#559

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 4017857

Utilities

  • Utilities: Electricity Available, Sewer Nearby, Water Nearby
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-4
  • Parcel Number: 062-080-831-26-000
  • Additional Parcels Description: 062-080-831-25-000
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Lot Dimensions: 4549
  • Flood Zone Code: A
  • Lot Size Square Meters: 4547

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 For Sale $4,500,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9109167

Stellar MLS

Puerto Rico

#541-#559 Sergio Cuevas Bustamente Hato Rey Ward, PR

This home is located at #541-#559 Sergio Cuevas Bustamente Hato Rey Ward, San Juan, PR 00918 and is currently priced at $4,500,000. #541-#559 Sergio Cuevas Bustamente Hato Rey Ward is a home.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Milton Serrano
Listing Agent
Milton Serrano
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REALITY REALTY
(787) 523-1985