$265,000

SR-103 KM 11.9 INT Cabo Rojo, PR 00623

Estimated payment $1,746/month

Total Views 3,517
5 Acres
$53,000 Price per Acre
217,800 Sq Ft Lot

About This Lot

Property Overview: This exceptional vacant lot, located at PR-103 Km 11.9 in Boquerón Ward, Cabo Rojo, Puerto Rico, encompasses approximately 19,651.95 square meters, equivalent to 5.00 cuerdas. The property’s accessible, rural location offers both privacy and convenience, as it sits near essential services, schools, shopping centers, recreational facilities, and main highways.
Key Features:Land Area: 19,651.95 sq. meters (approx. 5.00 cuerdas)
Zoning: AR-1 (Agricultural Reserve) – designated for agricultural use, limiting non-agricultural developments and preserving the land's natural resources. Topography: Level, with rectangular shape, enhancing ease of use and potential for various applications within agricultural or rural residential use. Accessibility: Main access through PR-103, a well-connected route in Cabo Rojo's Boquerón Ward.
Utilities: The property is positioned for utility access, including electricity via LUMA Energy and water through AAA, though connections are not yet established. Environmental and Market Considerations: The lot is situated outside FEMA-designated flood zones (Zone X) and is free of known adverse environmental factors. The appraisal considers recent comparable land sales in nearby rural areas, with values adjusted based on size, zoning, and market demand. The most comparable recent sales suggest a market value of approximately $53,000 each acre (cuerda), totaling an estimated property value of $265,000 as of October 7, 2023./ Marketability: Given its strategic location and zoning, the property is well-suited for agricultural development or residential projects that align with the rural zoning restrictions. The appraisal notes a marketing time of over six months, appropriate for rural land in this market, and the demand is expected to be stable, aligning with similar properties in Cabo Rojo./ Final Note : This property offers a unique investment opportunity within Cabo Rojo's desirable Boquerón Ward, combining rural charm with convenient access to urban amenities. Its zoning and location present a rare chance to secure a large, versatile lot in an agriculturally reserved area, ideal for buyers prioritizing land preservation and strategic investment potential.

Last Listed By

Eddie Nieves Santiago

EDDIE NIEVES SANTIAGO Brokerage Phone: 787-307-6673 License #C-15185 Listed on: 11/05/2024

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 264 x 111
  • Property is zoned AR-1

Listing and Financial Details

  • Assessor Parcel Number 356-000-009-28-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Directions to Property: To reach PR-103 Km 11.9 in Boquerón, Cabo Rojo, from Rafael Hernández Airport (BQN) in Aguadilla, follow these directions: Exit the airport and head south on Hangar Rd toward Borinquen Ave. Turn right onto Borinquen Ave and continue to PR-107. Turn left onto PR-107 and proceed to the intersection with PR-2. Merge onto PR-2 heading south toward Mayagüez. Continue on PR-2 for approximately 30 miles, passing through towns such as Aguadilla, Aguada, and Mayagüez. Take the exit toward PR-100 South (Cabo Rojo). Merge onto PR-100 South and continue for about 7 miles. Turn right onto PR-103. Proceed on PR-103 for approximately 1.9 kilometers (about 1.2 miles) to reach Km 11.9. The destination will be on your right. The total driving distance is approximately 45 miles, and the journey typically takes around 1 hour and 15 minutes, depending on traffic conditions.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 507529961
  • RATIO Current Price By Calculate: 1.22
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Attribution Contact: 787-307-6673
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: SR-103 KM 11.9 INT

Exterior Features

  • Waterfront: No
  • Road Surface Type: Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 53000

Utilities

  • Utilities: Electrical Nearby, Water Nearby
  • Sewer: None
  • 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: AR-1
  • Parcel Number: 356-000-009-28-000
  • Additional Parcels: No
  • Current Use: Agricultural
  • Lot Dimensions: 264 X 111
  • Flood Zone Code: ZONE X
  • Lot Size Square Meters: 20234

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold 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
11/05/2024 11/05/24 For Sale $265,000 -- --
Source: Stellar MLS

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    Section Image

Source: Stellar MLS

MLS Number: PR9109897

Stellar MLS

Puerto Rico

SR-103 KM 11.9 INT, PR

This home is located at SR-103 KM 11.9 INT, Cabo Rojo, PR 00623 and is currently priced at $265,000. SR-103 KM 11.9 INT 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
Eddie Nieves Santiago
Listing Agent
Eddie Nieves Santiago
Section Image
EDDIE NIEVES SANTIAGO
(787) 307-6673