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Gated Auto Shop With C-I Zoning

Italia Floral Park, San Juan, PR 00917

For Sale
$189,900

Commercial Sale, San Juan, PRI

Property Size1,500 SF
Lot Size0.07 Acres
Price / SF$126.60
Days on Market147

Property Features for Italia Floral Park

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 1
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1, Bathroom 2, Bathroom 1
Standard status Active
APN 06305223917000
Size 1,500 SF
Lot size 0.07 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair

Taxes and HOA fees

Tax Annual Amount 1500

Utilities

Cooling system Wall Unit(s)

Amenities

gated
paved
direct vehicle access
covered high-ceiling area
office with A/C and bathroom
rear structure (living/storage) with second bathroom

Building Details

Year built 1965
Floors in Building 1
Listing Agency: Hector Baez Real Estate
Listed By: Hector Baez
Added: Jun 17 Changed: Nov 6 Last Checked: Nov 10 at 3:06AM
MLS# PR560B00

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This auto shop property occupies a 286 m2 lot with approximately 3,078 sq ft and includes a 1,500-square-foot improvement. The paved site is gated to Calle Italia and provides direct vehicle access. Existing features include a covered high-ceiling work area with mechanic lifts, a front cafeteria area with coolers and refrigerators, an office with wall-unit A/C and a bathroom, plus a rear living or storage structure with a second bathroom. A vehicle inspection machine is also included. The property is being sold as-is and is currently undergoing clearing; it previously operated as a vehicle inspection center and mechanic shop and has been closed for roughly three years.

The property carries confirmed Intermediate Commercial (C-I) zoning in Hato Rey, at 516 Calle Italia near the Guayama corner in Urb. Floral Park, central urban San Juan. Potential commercial applications identified in the property information include light automotive services, contractor operations, office or gestoria use, dispatch and courier functions, and light storage or assembly. All proposed uses, licensing, permit matters, and any vehicle-inspection-station approvals remain subject to buyer due diligence and agency approval.

Key Highlights

  • Confirmed Intermediate Commercial (C‑I) zoning in Hato Rey
  • 286 m2 lot with approximately 3,078 sq ft and a 1,500‑square‑foot improvement
  • Paved, gated site at 516 Calle Italia with direct vehicle access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,138
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,760 $182.8K
Cap Rate 7%
$130,543 $130.5K
Cap Rate 9%
$101,533 $101.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$13.5K $9.00/SF
− Vacancy
−$446 −$0.30/SF
EGI
$13.1K $8.70/SF
− OpEx
−$3.9K −$2.61/SF
NOI
$9.1K $6.09/SF
Area
San Juan, PR
Vacancy
3.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,760
Cap Rate 7%
$130,543
Cap Rate 9%
$101,533

Alternative Uses

Best Use
Retail
$342.7K
$299.9K – $399.8K (±1% cap)
NOI $23,990 @ 7.0% cap · market cap 12.63%
Second Best
Industrial
$130.5K
$114.2K – $152.3K (±1% cap)
NOI $9,138 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$367.2K
$321.3K – $428.4K (±1% cap)
NOI $25,704 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Demographics for 00917, PR

17,319
Population
11,607
Households
1.5
Avg Household Size
50
Median Age
31%
College-Educated
80%
High-School Grad
1.4 sq mi
ZIP Area
12,371
Density / Sq Mi
$19,516
Median Household Income
$22,807
Median Earnings
$558
Median Rent
$124,800
Median Home Value

Market

Vacancy Rate% for Retail in the U.S.

6.4% 2019
7.2% 2020
6.5% 2021
5.6% 2022
5.3% 2023
5.3% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Auto shop - Paved, gated commercial property with vehicle access, covered high-ceiling work area, offices, bathrooms, and included equipment.
Where is this auto shop located?
The property is located at Italia Floral Park San Juan, PR.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Confirmed Intermediate Commercial (C‑I) zoning in Hato Rey; 286 m2 lot with approximately 3,078 sq ft and a 1,500‑square‑foot improvement; Paved, gated site at 516 Calle Italia with direct vehicle access
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