Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Reina St LOCAL #5 Ponce 00716

    View on Map
    Claim this Listing
    For Lease
    $1,400/Mo $168 SF/Yr (calc)

    Multi Family - PONCE, PR

    Type:Single Family Attached
    Property size:
    100 SF
    Lot size:
    0.35 Acres
    Added:
    Nov 7, 2023
    Days on Market:
    899
    Last Refresh:
    Apr 24 at 12:06 pm

    Property Features for Reina St LOCAL #5

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Attached
    Standard status
    Active
    APN
    389-052-314-25
    Size
    100 SF
    Lot size
    0.35 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Building materials
    Brick, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Uma Blasini

    Listing agent Uma Blasini License #20671

    Listing office BLASINI REALTY GROUP 2831 Boulevard Luis A. Ferre, Ponce

    Listing date Nov 7, 2023

    MLS# PR9102979 Listing URL

    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.

    Overview

    Retail Space at The Fox Hotel

    Rental space is available at The Fox Hotel in Ponce. The property offers an opportunity to establish a business in Ponce. The space includes air conditioning and a bathroom. Water and electricity are included. The lot size is 0.35 acres. The property size is 100 square feet.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Ponce
    County
    Ponce
    State
    Longitude
    -66.6209
    Latitude
    18.0093

    Nearby Similar for Lease

    • $1,800/Mo

      Move-in Ready Ponce Office Space

      Renovated, furnished office for rent in a strategic location.
      1396 CALLE BONITA, PONCE, 00716
      View Details
    • $5,000/Mo

      Renovated Office Space in Ponce

      Fully renovated office space with parking on Avenida Las Américas.
      2822 AVE LAS AMÉRICAS, PONCE, 00717
      View Details
    • $1,500/Mo

      Commercial Space in Historic Hotel

      Commercial space for rent in the heart of Ponce.
      75 CRISTINA, PONCE, 00730
      View Details
    • $1,800/Mo

      Turnkey Restaurant Space in Ponce

      Restaurant space in Hotel Fox, Ponce's Historic District.
      88 CALLE REINA ST, PONCE, 00730
      View Details
    • $3,900/Mo

      Commercial Premises on Fagot Avenue

      Two-level commercial property in Ponce, ready for immediate occupancy.
      Calle 1 Blq A JARDINES DE FAGOT, PONCE, 00716
      View Details
    • $10 SF/Yr

      Ponce Industrial Property for Lease

      Industrial property with office and warehouse space in Ponce, PR.
      22 SABANETAS INDUSTRIAL PARK, PONCE, 00731
      View Details
    • $1,900/Mo

      Renovated Mixed-Use Space in Ponce

      Spacious, renovated commercial property in Ponce's Historic District.
      2844 AV ROOSEVELT, PONCE, 00716
      View Details
    • $4,300/Mo

      Equipped Restaurant Space in Ponce

      Restaurant space for rent in prime Ponce location.
      86 CALLE REINA ST, PONCE, 00730
      View Details
    • $14 SF/Yr

      Santa Maria Shopping Center Spaces

      Retail and office spaces available for rent in Ponce.
      1 FERROCARRIL, PONCE, 00728
      View Details
    • $2,000/Mo

      Meliá Hotel Restaurant Space

      Restaurant space for rent in the emblematic Meliá Hotel.
      75 CALLE CRISTINA, PONCE, 00730
      View Details
    • $3,500/Mo

      Corner Commercial Property in Ponce

      Large mixed-use property with parking near Plaza las Delicias.
      Local 2 Edificio Zamora MAYOR CANTERA ST, PONCE, 00730
      View Details
    • $8 SF/Yr

      Ponce Warehouse in Reparada Park

      40,000 SF warehouse for rent in Ponce.
      20 REPARADA INDUSTRIAL PARK, 4TH ST. LOT 20, PONCE, 00731
      View Details

    FAQs

    What type of property is this?
    Hotel - Rental space available at The Fox Hotel in Ponce, PR.
    Where is this hotel located?
    The property is located at Reina St LOCAL #5 Ponce.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: New commercial space available for rent within The Fox Hotel.; Located in Ponce, known as the 'Stately City'.; Includes essential utilities: water and electricity.
    (787) 600-1882
    We can help!
    Listing Contact
    Uma Blasini
    Real Estate License ID: 20671
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!