Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Rio Grande, PR 00745

    Sponsored
    For Sale
    $250,000

    Land - RIO GRANDE, PR

    Lot size:
    4.85 Acres
    Days on Market:
    327
    Last Refresh:
    Jan 18 at 3:06 am

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    X
    APN
    119-042-121-15-864
    Lot size
    4.85 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Milton Serrano Lebron

    Reality Realty (787) 444-6583 [email protected]

    Listing agent Milton Serrano Lebron (787) 745-8777 License #12272

    Listing date Feb 26, 2025

    MLS# PR9111916 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.

    Learn more

    Overview

    Land with Views in RIO GRANDE

    This approximately 4.85-acre land parcel in Río Grande offers views of El Yunque and the sea. The property is mostly flat and includes facilities for connecting to water and electricity, as well as a two-chamber septic tank. The zoning is A-G.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Rio Grande
    County
    Rio Grande
    State
    Puerto Rico
    Longitude
    -65.79962467
    Latitude
    18.35923195

    Nearby Similar for Sale

    • $1,390,000
      8,000 SF

      Unique Airbnb Quadruplex in Rainforest

      Four-unit property with main house, guesthouses, and glamping area.
      1 Barrio Jimenez, Rio Grande, PR 00745
      View Details
    • $180,000
      3,071 SF

      Bakery Near El Yunque For Sale

      Operating bakery near El Yunque National Forest with additional residential space.
      Bo Palmer Calle Principal, Rio Grande, PR 00745
      View Details
    • $488,000
      2,500 SF

      Stunning Multi-Story Property with Views

      Three-story property with five studio apartments and rainforest views.
      Km Hm 0.2 Rd 968, Rio Grande, PR 00745
      View Details
    • $265,000
      2,540 SF

      Multi-Unit Property with Large Yard

      Multi-family property featuring three units and a spacious yard.
      1 958, Rio Grande, PR 00745
      View Details
    • $350,000
      3,290 SF

      Río Grande Commercial Investment Opportunity

      Commercial space for sale in Río Grande with income potential.
      C1 Ave, Rio Grande, PR 00745
      View Details
    • $150,000
      5,711 SF

      Commercial Property in Rio Grande

      Two-story commercial property suitable for various business ventures.
      957 Km 5.0, Rio Grande, PR 00745
      View Details
    • $215,000
      2,576 SF

      Commercial Property in Rio Grande

      Commercial property in a strategic location near PR-3.
      1 Alturas De Rio Grande, Rio Grande, PR 00745
      View Details
    • $295,000
      0.25 Acres

      Land in Rio Grande

      Flat lot suitable for Airbnb income property near the beach.
      18A Punta Arena, Rio Grande, PR 00745
      View Details

    FAQs

    What type of property is this?
    Land - Land with views of El Yunque and the sea.
    Where is this land located?
    The property is located at Rio Grande, 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: - Breathtaking views of El Yunque and the sea.; - Approximately 5 acres of mostly flat land.; - Utilities ready: facilities for connecting water and electricity.
    (787) 444-6583
    Request Owner's contact information
    Rio Grande, PR 00745
    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.
    Rio Grande, PR 00745
    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
    Rio Grande, PR 00745
    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

    We can help!
    Listing Contact
    Milton Serrano Lebron
    Real Estate License ID: 12272
    (787) 444-6583
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.