Office Unit with Backup
501 PERSEO ST, San Juan, PR 00920
For Sale
New
$300,000
Commercial Sale, SAN JUAN, PRI
Property Size1,109 SF
Lot Size0.04 Acres
Price / SF$270.59
Days on Market1
Property Features for 501 PERSEO ST
General Information
Property type
Property subtype
Basement
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Utilities
Cooling system
Amenities
emergency generator
Building Details
Year built
Building materials
Listing Agency:
MEILYN GUZMAN ENSENAT
Listed By:
Meilyn Guzman Ensenat · License PR #20287
(787) 408-1894
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# PR9125716
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.
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.
Located at 501 Perseo St. in Centro Altamira, this office unit has a metal-frame construction and central air conditioning. An emergency generator provides backup power. The building dates to 1990.
The unit includes 2 assigned parking spaces, with the option to rent up to 4 additional spaces. The property is near major avenues, shopping centers, and banking services in San Juan, Puerto Rico.
The unit includes 2 assigned parking spaces, with the option to rent up to 4 additional spaces. The property is near major avenues, shopping centers, and banking services in San Juan, Puerto Rico.
Key Highlights
- Emergency generator provides backup power
- 2 assigned parking spaces, with up to 4 additional spaces available to rent
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,331
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,620
$306.6K
Cap Rate 7%
$219,014
$219.0K
Cap Rate 9%
$170,344
$170.3K
Market Conditions
NOI Build-Up for 1,109 SF
Gross rent
$23.3K $21.00/SF
− Vacancy
−$2.8K −$2.56/SF
EGI
$20.4K $18.44/SF
− OpEx
−$5.1K −$4.61/SF
NOI
$15.3K $13.83/SF
Area
San Juan, PR
Vacancy
12.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,620
Cap Rate 7%
$219,014
Cap Rate 9%
$170,344
Alternative Uses
Best Use
Office B
$219.0K
$191.6K – $255.5K
NOI $15,331 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$271.4K
$237.5K – $316.6K
NOI $18,998 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00920, PR
14,798
Population
8,916
Households
1.7
Avg Household Size
47
Median Age
38%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
4,111
Density / Sq Mi
$29,914
Median Household Income
$19,996
Median Earnings
$753
Median Rent
$151,000
Median Home Value
Market
Average Price Trend$/SF for Office Units in San Juan County, PR
Properties on Market for Office Units in San Juan County
Vacancy Rate% for Office in San Juan, PR
Frequently Asked Questions
What type of property is this?
Office unit - The office includes central air, emergency power backup, and assigned parking within Centro Altamira.
Where is this office unit located?
The property is located at 501 PERSEO ST San Juan, PR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Emergency generator provides backup power; 2 assigned parking spaces, with up to 4 additional spaces available to rent; Central air conditioning
