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Dental-Ready Medical Office Space
For Sale
$250,000

506 EDIF. DR.ARTURO CADILLA, San Juan, PR 00961

SINGLE_FAMILY - BAYAMON, PR

Property Size1,044 SF
Lot Size0.01 Acres
Price / SF$239.46
Days on Market182

Property Features for 506 EDIF. DR.ARTURO CADILLA

General Information

Property type Residential
Property subtype Office
Security features Security System
Window features Blinds
Accessibility Accessible Elevator Installed
Directions Take Calle el Buen Samaritano to Carr Puerto Rico 2 O/PR-2 W 3 min (1.3 km) Turn left at the 1st cross street onto Cll Madrid ? 140 m Turn right onto Cll Oviedo ? 170 m Continue onto Calle el Buen Samaritano ? 1.0 km ? Continue on Carr Puerto Rico 2 O/PR-2 W to Bayamon Pueblo, Bayamon 5 min (2.8 km) ? Take P.o San Pablo to your destination
Subdivision 00961 - Bayamon
Standard status Active
APN 085-017-840-10
Size 1,044 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1423

Building Details

Year built 1990
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Concrete
Roof type Concrete
Listing Agency: AK PROPERTIES PARTNERS
Listed By: Aliber Lopez · License #16565
Added: Feb 9 Changed: Jul 20 Last Checked: Aug 10 at 9:06AM
MLS# PR9119179

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office space is 1,044 square feet and is laid out to support patient care, with multiple functional areas including examination rooms, waiting areas, and specialized treatment spaces. The rooms are equipped with dental chairs, overhead lighting, and X-ray machines, and the interior includes tiled floors and drop ceilings with integrated lighting. Storage is built into the office throughout to help keep supplies organized.

The property is located in Bayamon, Puerto Rico, at 506 Edif. Dr. Arturo Cadilla (Bayamon, PR 00961).

Key Highlights

  • 1,044 sq. ft. medical/dental office in Bayamon, Puerto Rico
  • 1990 build with concrete roof and concrete construction materials
  • Tile - ceramic flooring with drop ceilings and integrated lighting

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,437
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,740 $288.7K
Cap Rate 7%
$206,243 $206.2K
Cap Rate 9%
$160,411 $160.4K
Market Conditions
NOI Build-Up for 1,044 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.9K $21.00/SF
− Vacancy
−$2.7K −$2.56/SF
EGI
$19.2K $18.44/SF
− OpEx
−$4.8K −$4.61/SF
NOI
$14.4K $13.83/SF
Area
San Juan, PR
Vacancy
12.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,740
Cap Rate 7%
$206,243
Cap Rate 9%
$160,411

Alternative Uses

Best Use
Office B
$206.2K
$180.5K – $240.6K (±1% cap)
NOI $14,437 @ 7.0% cap · market cap 5.77%
Second Best
Healthcare Medical
$204.5K
$178.9K – $238.5K (±1% cap)
NOI $14,312 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$255.6K
$223.6K – $298.2K (±1% cap)
NOI $17,890 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Demographics for 00961, PR

28,062
Population
13,214
Households
2.1
Avg Household Size
47
Median Age
40%
College-Educated
88%
High-School Grad
5.3 sq mi
ZIP Area
5,295
Density / Sq Mi
$37,015
Median Household Income
$25,056
Median Earnings
$736
Median Rent
$165,200
Median Home Value

Market

Vacancy Rate% for Office in San Juan, PR

11.3% 2019
14.6% 2020
14.2% 2021
12.3% 2022
11.9% 2023
12.4% 2024
12.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suite with exam and treatment rooms, waiting areas, tiled floors, drop ceilings, and in-room X-ray equipment.
Where is this medical office space located?
The property is located at 506 EDIF. DR.ARTURO CADILLA San Juan, PR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,044 sq. ft. medical/dental office in Bayamon, Puerto Rico; 1990 build with concrete roof and concrete construction materials; Tile - ceramic flooring with drop ceilings and integrated lighting
More about this property
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