Two-Level Mixed-Use
1802 AVE FERNANDEZ JUNCOS, San Juan, PR 00914
For Sale
$799,000
Vacant property with ZU-G2 zoning and rooms arranged across two levels.
Property Size3,100 SF
Price / SF$257.74
Days on Market32
Property Features for 1802 AVE FERNANDEZ JUNCOS
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Amenities
multiple enclosed rooms
common areas
kitchen facilities
reception area
laundry area
bathrooms
social spaces
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
WILNELIA ROSA
Listed By:
Wilnelia Rosa Santana
(787) 240-3634
Source:
Alexandraamador
Added: Oct 7
Changed: Nov 7
Last Checked: Nov 7 at 12:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WILNELIA ROSA
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant mixed-use building contains approximately 3,100 square feet across two levels. Its existing layout includes enclosed rooms, shared areas, a kitchen, reception space, laundry area, bathrooms, and social areas. The property is offered in its current condition and was built in 1995.
Situated on Ave. Fernandez Juncos in Santurce, San Juan, the building has access to major roads and surrounding commercial corridors. ZU-G2 zoning applies; any future use remains subject to applicable approvals and independent due diligence.
Situated on Ave. Fernandez Juncos in Santurce, San Juan, the building has access to major roads and surrounding commercial corridors. ZU-G2 zoning applies; any future use remains subject to applicable approvals and independent due diligence.
Key Highlights
- Approximately 3,100 square feet in a two‑level building
- ZU‑G2 zoning designation
- Includes enclosed rooms, common areas, kitchen, reception, laundry, bathrooms, and social spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,268
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,360
$885.4K
Cap Rate 7%
$632,400
$632.4K
Cap Rate 9%
$491,867
$491.9K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$74.4K $24.00/SF
− Vacancy
−$3.6K −$1.15/SF
EGI
$70.8K $22.85/SF
− OpEx
−$26.6K −$8.57/SF
NOI
$44.3K $14.28/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,360
Cap Rate 7%
$632,400
Cap Rate 9%
$491,867
Alternative Uses
Best Use
Mixed Use
$632.4K
$553.4K – $737.8K
NOI $44,268 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$758.9K
$664.0K – $885.4K
NOI $53,122 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Frequently Asked Questions
What type of property is this?
Mixed-use property - Vacant property with ZU-G2 zoning and rooms arranged across two levels.
Where is this mixed-use property located?
The property is located at 1802 AVE FERNANDEZ JUNCOS San Juan, PR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approximately 3,100 square feet in a two‑level building; ZU‑G2 zoning designation; Includes enclosed rooms, common areas, kitchen, reception, laundry, bathrooms, and social spaces
