Retail Building with Adjacent
565 AVE DE DIEGO, San Juan, PR 00920
For Sale
$600,000
Includes a separate parcel that may support additional site use, subject to due diligence.
Property Size3,000 SF
Price / SF$200
Days on Market39
Property Features for 565 AVE DE DIEGO
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Road Access
Land Use
Building Details
Building Size
Year Built
Buildings
Listing Agency:
BIANCA ACOSTA CIORDIA
Listed By:
Bianca Acosta Ciordia
(561) 945-2540
Source:
Alexandraamador
Added: Sep 30
Changed: Nov 6
Last Checked: Nov 6 at 3:02PM
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 BIANCA ACOSTA CIORDIA
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.
The offering combines a 3,000-square-foot retail building at 565 Ave. De Diego with an adjacent 288-square-meter lot at 1269 Canada. Built in 1960, the building is being sold as-is and requires improvements. Removal of the existing drop ceiling may allow for ceiling heights above 10 feet; actual conditions and measurements require buyer verification.
The two properties are in San Juan, Puerto Rico. The adjacent parcel may accommodate parking, access, expansion, or a complementary use, subject to due diligence. Buyers are responsible for verifying property condition, measurements, zoning, permitted uses, development potential, and applicable governmental requirements.
The two properties are in San Juan, Puerto Rico. The adjacent parcel may accommodate parking, access, expansion, or a complementary use, subject to due diligence. Buyers are responsible for verifying property condition, measurements, zoning, permitted uses, development potential, and applicable governmental requirements.
Key Highlights
- 3,000‑square‑foot retail building
- Adjacent 288‑square‑meter parcel at 1269 Canada
- Built in 1960; sold as‑is and requires improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,981
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,620
$959.6K
Cap Rate 7%
$685,443
$685.4K
Cap Rate 9%
$533,122
$533.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$72.0K $24.00/SF
− Vacancy
−$3.5K −$1.15/SF
EGI
$68.5K $22.85/SF
− OpEx
−$20.6K −$6.85/SF
NOI
$48.0K $15.99/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,620
Cap Rate 7%
$685,443
Cap Rate 9%
$533,122
Alternative Uses
Best Use
Retail
$685.4K
$599.8K – $799.7K
NOI $47,981 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$734.4K
$642.6K – $856.8K
NOI $51,408 @ 7.0% cap · market cap 8.57%
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
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
Properties on Market for Retail space in San Juan County
Vacancy Rate% for Retail in the U.S.
Frequently Asked Questions
What type of property is this?
Retail space - Includes a separate parcel that may support additional site use, subject to due diligence.
Where is this retail space located?
The property is located at 565 AVE DE DIEGO San Juan, PR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,000‑square‑foot retail building; Adjacent 288‑square‑meter parcel at 1269 Canada; Built in 1960; sold as‑is and requires improvements
