Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Building with Drive-Thru Lane Title is generated by Realmo AI

    Esquina RAFAEL LASA, Aguas Buenas 00703

    View on Map
    Claim this Listing
    New
    For Sale
    $600,000

    Building - Aguas Buenas, PR

    Property size:
    9,356 SF
    Lot size:
    1,212.00 Acres
    Price / SF:
    $64/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 8 at 12:06 am

    Property Features for Esquina RAFAEL LASA

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CI
    Parking
    12
    Interior features
    Storage Space
    Standard status
    Active
    Size
    9,356 SF
    Lot size
    1,212.00 Acres

    Building Details

    Year built
    1970
    Architectural style
    Other

    We can help!

    Listing Contact
    Gisela Ivelisse Gonzalez Cerda

    Listing agent Gisela Ivelisse Gonzalez Cerda

    Listing office Movida Group LLC

    Listing date Jun 3, 2026

    MLS# 65168 Listing URL

    Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 9,356 SF building on a 1,212 sq m lot with three properties
    • Drive‑thru lane that could be converted into additional parking or a carport
    • Includes multiple office spaces, conference rooms, and lobby area
    • Restroom facilities and storage space
    • Private parking for 12 spaces
    • Monthly rent listed as $8,000; asking price $600,000

    Overview

    This for-sale office building totals 9,356 square feet of construction on a 1,212 square meter lot and is comprised of three properties. The configuration includes multiple office spaces, conference rooms, a lobby area, and restroom facilities. On-site parking is available for 12 vehicles, and the property features a drive-thru lane. The drive-thru lane could be converted into additional parking or a carport, expanding the layout options for future operations.

    The property is located in Aguas Buenas, Puerto Rico, and is described as having a central location. It was previously used as a branch of the Aguas Buenas Savings and Credit Cooperative (BuenaCoop), which supports a flexible fit for office-oriented businesses seeking both internal work space and convenient vehicle access.

    With its mix of private offices, meeting space, and vehicle-friendly circulation, the building can work for a range of commercial uses that benefit from on-site parking and an adaptable drive-thru area. The CI zoning designation should be reviewed to confirm permitted uses for your specific business plan.
    Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Aguas Buenas
    County
    Humacao
    State
    Longitude
    -66.105771
    Latitude
    18.25747

    FAQs

    What type of property is this?
    Bank - Multi-office building with conference rooms, restroom facilities, and a drive-thru lane plus 12 private parking spaces.
    Where is this bank located?
    The property is located at Esquina RAFAEL LASA Aguas Buenas.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 9,356 SF building on a 1,212 sq m lot with three properties; Drive‑thru lane that could be converted into additional parking or a carport; Includes multiple office spaces, conference rooms, and lobby area
    (787) 432-1103
    We can help!
    Listing Contact
    Gisela Ivelisse Gonzalez Cerda
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Esquina RAFAEL LASA, Aguas Buenas, 00703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!