Three-Story Assisted Living
Carretera 842, San Juan, PR 00926
For Sale
$540,000
Commercial Sale, San Juan, PRI
Property Size3,754 SF
Lot Size0.41 Acres
Price / SF$143.85
Days on Market267
Property Features for Carretera 842
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Accessibility
View
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Listing Agency:
Francisco Cabreja Real Estate
(178) 753-9470
Listed By:
Francisco Cabreja
(787) 539-4708
Added: Feb 16
Changed: Nov 6
Last Checked: Nov 9 at 4:06AM
MLS# PRA86A00
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.
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Investment Insights
Based on property information with market context.
This three-story concrete assisted living facility contains 3,754 square feet of gross building area, with 10 bedrooms, 3 bathrooms, and 6 parking spaces. The property is currently operating as an adult care facility and includes an accessible approach with ramp. Built in 1980, the use is legally non-conforming within the ARD zoning district.
The property has direct access from Carretera 842 and is near PR-52, providing routes toward Hato Rey, Rio Piedras, Guaynabo, and Carolina. The setting includes views toward the San Juan metropolitan area and the Atlantic Ocean. FEMA Flood Zone X classification indicates minimal flood hazard. An existing survey identifies 9 segregable parcels within the overall property, adding land-configuration flexibility for future planning or separate development considerations.
The property has direct access from Carretera 842 and is near PR-52, providing routes toward Hato Rey, Rio Piedras, Guaynabo, and Carolina. The setting includes views toward the San Juan metropolitan area and the Atlantic Ocean. FEMA Flood Zone X classification indicates minimal flood hazard. An existing survey identifies 9 segregable parcels within the overall property, adding land-configuration flexibility for future planning or separate development considerations.
Key Highlights
- 3,754 square feet of gross building area in a three‑story concrete structure
- Currently operating adult care facility with 10 bedrooms and 3 bathrooms
- 6 parking spaces and an accessible approach with ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,415
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,300
$668.3K
Cap Rate 7%
$477,357
$477.4K
Cap Rate 9%
$371,278
$371.3K
Market Conditions
NOI Build-Up for 3,754 SF
Gross rent
$63.8K $17.00/SF
− Vacancy
−$3.1K −$0.82/SF
EGI
$60.8K $16.18/SF
− OpEx
−$27.3K −$7.28/SF
NOI
$33.4K $8.90/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$17.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,300
Cap Rate 7%
$477,357
Cap Rate 9%
$371,278
Alternative Uses
Best Use
Apartment 5plus
$477.4K
$417.7K – $556.9K
NOI $33,415 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$919.0K
$804.1K – $1.07M
NOI $64,329 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00926, PR
96,732
Population
45,119
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
4,169
Density / Sq Mi
$39,543
Median Household Income
$29,311
Median Earnings
$717
Median Rent
$189,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Assisted living facility - Operating adult care facility with concrete construction, accessible ramp entry, and excess land comprising nine segregable parcels.
Where is this assisted living facility located?
The property is located at Carretera 842 San Juan, PR.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 3,754 square feet of gross building area in a three‑story concrete structure; Currently operating adult care facility with 10 bedrooms and 3 bathrooms; 6 parking spaces and an accessible approach with ramp
