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    164 Hectare Finca in San Isidro Title is generated by Realmo AI

    Finca Lomas Parcel, Riverhead 11901

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    Claim this Listing
    For Sale
    $6,000,000

    Ranch, Land - San Isidro

    Type:Ranch
    Added:
    Sep 10, 2025
    Days on Market:
    254
    Last Refresh:
    May 21 at 3:06 pm

    Property Features for Finca Lomas Parcel

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Exterior features
    Electric Grill, Garden, Lighting, Rain Gutters
    Standard status
    Active

    Utilities

    Water front features
    River Access|River Front|Stream, River Access|River Front|Stream

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Mike Schafer

    Listing agent Mike Schafer

    Listing office Engel & Völkers Samara Main Street, Playa Samara

    Listing date Sep 10, 2025

    MLS# AM-5063138 Listing URL

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

    HighLights

    • 164‑hectare property with development entitlements for up to 400,000 sq. ft., suitable for a resort, community, or estate.
    • Three ready‑to‑occupy homes provide turnkey living.
    • Enjoy a private river and waterfall offering pristine swimming spots and a serene environment.
    • Panoramic views overlooking San Isidro valleys and Chirripó peaks.
    • Development‑ready with platforms, roads, and zoning in place for eco‑tourism or residential development.
    • Sustainable resources including a 104‑meter‑deep well and electric fencing.

    Overview

    Located in Santa Elena, Pérez Zeledón, this 164-hectare finca presents a rare opportunity to own a slice of Costa Rican paradise. Situated 1,000 meters above sea level, the property boasts stunning views and a mild climate, offering possibilities for investors, developers, or those seeking a peaceful retreat. The location is known for its landscapes, fertile land, and year-round climate, with temperatures ranging from 18°C to 27°C. This elevation is suitable for agriculture, leisure, and eco-living. The property is near San Isidro de El General, providing access to modern amenities, and Chirripó National Park. The finca features panoramic views overlooking San Isidro valleys and Chirripó peaks, a private river and waterfall with swimming spots, and is development-ready with platforms, roads, and zoning in place. It includes three ready-to-occupy homes, a 104-meter-deep well, and electric fencing for livestock. With entitlements for up to 400,000 sq. ft. of development, this property is suited for a luxury resort, residential community, or personal estate. Fertile soil, abundant water, and scenery create investment opportunities.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Riverhead
    County
    Suffolk
    State
    Longitude
    -72.642
    Latitude
    40.953

    Nearby Similar for Sale

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      Land with Panoramic Views

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      Panoramic Paradise Lot 3,2 acres, Santa Elena, 11901
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    • $350,000

      Dream Finca Near Alto San Juan

      Spacious 5.6-acre finca with unobstructed views and building platforms.
      Finca Alto San Juan, 5.68 acres, Alto San Juan, 11901
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    • $235,460

      Nature Paradise in Perez Zeledon

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    FAQs

    What type of property is this?
    Ranch - 164-hectare finca with development potential in Santa Elena, Pérez Zeledón.
    Where is this ranch located?
    The property is located at Finca Lomas Parcel Riverhead.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 164‑hectare property with development entitlements for up to 400,000 sq. ft., suitable for a resort, community, or estate.; Three ready‑to‑occupy homes provide turnkey living.; Enjoy a private river and waterfall offering pristine swimming spots and a serene environment.
    +50664880111
    We can help!
    Listing Contact
    Mike Schafer
    Learn More
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    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
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    Finca Lomas Parcel, 164 Hectares Planned Development, San Isidro, 11901
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