Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Pr-518 Km.10.0 GARZAS WARD Adjuntas 00601

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    Land - ADJUNTAS, PR

    Lot size:
    230.00 Acres
    Added:
    Jun 18, 2025
    Days on Market:
    324
    Last Refresh:
    May 7 at 1:06 am

    Property Features for Pr-518 Km.10.0 GARZAS WARD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-G
    Standard status
    Active
    APN
    289-000-005-44-000
    Lot size
    230.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Eduardo Velez Rosado

    Listing agent Eduardo Velez Rosado License #21860

    Listing office RE/MAX-ZONE: ZONA METRO & ISLA REALTY 311 Teresa Jornet, san juan

    Listing date Jun 18, 2025

    MLS# PR9114402 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.

    HighLights

    • 230 acres of farmland with immediate access to PR‑518 and PR‑10.
    • Ideal for large‑scale cultivation, organic and sustainable agriculture, rotational crops, biodiversity, and livestock.
    • Features the Garzas River boundary and various streams, providing natural water resources.
    • Diverse topography with flat areas and stunning views suitable for agro‑tourism.
    • Close proximity to Lake Garza, Cerro Guilarte, ponds, waterfalls, and rivers.
    • FEMA Zone X (low or minimal risk zone) and Zoning AG: General Agriculture.

    Overview

    230 Acres Farmland in Adjuntas

    This 230-acre farmland is located in Garzas Ward, Adjuntas, offering immediate access to PR-518 (Scenic Route) and PR-10. The property is bordered by the Garzas River and features various streams, making it suitable for large-scale cultivation of coffee, fruits, and organic and sustainable agriculture. It is also ideal for rotational crops, biodiversity, livestock, and communal-cooperative use. The diverse topography includes flat areas and offers stunning views, creating opportunities for agro-tourism. The property is near Lake Garza, Cerro Guilarte, ponds, waterfalls, and rivers. It is located in FEMA Zone X (low or minimal risk zone) and is zoned AG: General Agriculture. The property has rustic soil and annual property taxes are approximately $501.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Adjuntas
    County
    Lares
    State
    Longitude
    -66.7227
    Latitude
    18.1642

    Nearby Similar for Sale

    • $1,100,000

      Farm/Estate in Adjuntas, PR

      90-acre farm with highway access near Adjuntas and Ponce.
      Road 10 Bo Juan Gonzalez, Adjuntas, 00601
      View Details
    • $595,000

      Land for Ecological Projects

      87 acres in Adjuntas, perfect for ecological projects.
      BO. SALTILLO, Adjuntas, 00601
      View Details
    • $385,000

      Land in Adjuntas for Sale

      3.61 acres of land perfect for agricultural projects.
      0 Bo. SALTILLO, Adjuntas, 00601
      View Details

    FAQs

    What type of property is this?
    Farm - Farmland with river access, ideal for cultivation and agro-tourism.
    Where is this farm located?
    The property is located at Pr-518 Km.10.0 GARZAS WARD Adjuntas.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 230 acres of farmland with immediate access to PR‑518 and PR‑10.; Ideal for large‑scale cultivation, organic and sustainable agriculture, rotational crops, biodiversity, and livestock.; Features the Garzas River boundary and various streams, providing natural water resources.
    (787) 380-3296
    We can help!
    Listing Contact
    Eduardo Velez Rosado
    Real Estate License ID: 21860
    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

    Thank You for Inquiry
    Pr-518 Km.10.0 GARZAS WARD, ADJUNTAS, 00601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!