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Concrete Strip Mall with Parking
For Sale
$1,270,000

308 KM 5.3, Villa del Carmen, PR 00623

Commercial Sale, CABO ROJO, PRI

Property Size9,775 SF
Lot Size1.11 Acres
Price / SF$129.92
Days on Market163

Property Features for 308 KM 5.3

General Information

Property type Commercial Sale
Property subtype Other
Directions Driving from PR Road 2 turn into PR Road 100, turn into PR Road 308 also known as Juan A. Acaron Avenue, stop at Km5.3, arrived.
Subdivision 00623 - Cabo Rojo
Standard status Active
APN 331-030-947-01-000
Lot size 1.11 Acres

Utilities

Cooling system Central Air

Amenities

Acoustic ceilings

Building Details

Year built 2000
Building materials Concrete
Listing Agency: APIS REAL ESTATE
Listed By: Patricia Mercado
Added: May 17 Changed: Oct 21 Last Checked: Oct 26 at 7:06PM
MLS# PR9120931

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.

Rey
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Investment Insights

Based on property information with market context.

This concrete strip mall, completed in 2000, contains approximately 9,775 square feet arranged across six commercial spaces. The property features approximately 10-foot ceilings, acoustic ceiling systems, and central air conditioning. Five spaces are rented, leaving one available within the center’s existing configuration.

The site encompasses 1.11 acres and includes 50 parking spaces. Its commercial layout and established improvements support a range of retail or service-oriented occupancy options, subject to applicable requirements.

Key Highlights

  • Approximately 9,775 square feet across 6 commercial spaces
  • 5 spaces rented and 1 space vacant
  • 50 parking spaces on a 1.11‑acre site

Property Analytics

Current Use

Strip malls

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Demographics for 00623, PR

39,320
Population
20,508
Households
1.9
Avg Household Size
47
Median Age
30%
College-Educated
78%
High-School Grad
39.2 sq mi
ZIP Area
1,003
Density / Sq Mi
$25,614
Median Household Income
$17,975
Median Earnings
$576
Median Rent
$118,200
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?
Strip mall - Multi-suite retail property with central air, acoustic ceilings, and a combination of leased and available commercial spaces.
Where is this strip mall located?
The property is located at 308 KM 5.3 Villa del Carmen, PR.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: Approximately 9,775 square feet across 6 commercial spaces; 5 spaces rented and 1 space vacant; 50 parking spaces on a 1.11‑acre site
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