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Office Suite with Private Offices

B1 CALLE SANTA CRUZ, San Juan, PR 00961

For Sale
$347,000

Commercial Sale, BAYAMON, PRI

Property Size903 SF
Lot Size0.16 Acres
Price / SF$384.27
Days on Market37

Property Features for B1 CALLE SANTA CRUZ

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-1
Lot features Corner Lot, Curb and Gutters, Sidewalk, Street Lights, Paved
Directions Take PR-22 West toward Bayamon. Take exit 10 to merge onto PR-5 South toward Bayamon Centro. Continue on PR-5 South to PR-2 West, then turn onto Calle Santa Cruz into the San Pablo medical district. Carimed Plaza (Building B-1) will be on your right, directly across from Hospital San Pablo facilities. Multi-level paid parking is available on-site.
Subdivision 00961 - Bayamon
Standard status Active
APN 085-027-130-26-015
Size 903 SF
Lot size 0.16 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2006
Floors in Building 5
Flooring type Tile
Building materials Concrete
Roof type Concrete
Listing Agency: BOCHECIAMP REAL ESTATE
Listed By: Christopher Hernandez Bocheciamp · License PR #24140
Added: Oct 5 Changed: Oct 13 Last Checked: Nov 10 at 4:06AM
MLS# PR9124272

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 903-square-foot office unit is on the third floor of Carimed Plaza, a five-story concrete building completed in 2006. Its plan includes a waiting area, reception, three private offices, a full bathroom, kitchenette, and storage closet. Tile floors, gypsum board partitions, acoustic ceilings, and central air conditioning serve the suite.

The property is on Calle Santa Cruz in Bayamon. Building access includes three elevators, and the site is served by public water and sewer. FEMA Zone X places the property outside the special flood hazard area.

Key Highlights

  • 903‑square‑foot office unit with three private offices
  • Third‑floor suite in a five‑story concrete building completed in 2006
  • Includes waiting area, reception, full bathroom, kitchenette, and storage closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,487
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,740 $249.7K
Cap Rate 7%
$178,386 $178.4K
Cap Rate 9%
$138,744 $138.7K
Market Conditions
NOI Build-Up for 903 SF
Gross rent
$19.0K $21.00/SF
− Vacancy
−$2.3K −$2.56/SF
EGI
$16.6K $18.44/SF
− OpEx
−$4.2K −$4.61/SF
NOI
$12.5K $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%
$249,740
Cap Rate 7%
$178,386
Cap Rate 9%
$138,744

Alternative Uses

Best Use
Office B
$178.4K
$156.1K – $208.1K (±1% cap)
NOI $12,487 @ 7.0% cap · market cap 3.60%
Second Best
Healthcare Medical
$176.8K
$154.7K – $206.3K (±1% cap)
NOI $12,379 @ 7.0% cap · market cap 3.57%
Theoretical Best
Specialty Retail
$221.1K
$193.4K – $257.9K (±1% cap)
NOI $15,474 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Demographics for 00961, PR

28,062
Population
13,214
Households
2.1
Avg Household Size
47
Median Age
40%
College-Educated
88%
High-School Grad
5.3 sq mi
ZIP Area
5,295
Density / Sq Mi
$37,015
Median Household Income
$25,056
Median Earnings
$736
Median Rent
$165,200
Median Home Value

Market

Average Price Trend$/SF for Office Units in San Juan County, PR

$366 Jul
$183 Aug
$197 Sep
$223 Oct

Properties on Market for Office Units in San Juan County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in San Juan, PR

11.3% 2019
14.6% 2020
14.2% 2021
12.3% 2022
11.9% 2023
12.4% 2024
12.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A third-floor layout includes reception, a waiting area, and central air conditioning.
Where is this office unit located?
The property is located at B1 CALLE SANTA CRUZ San Juan, PR.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: 903‑square‑foot office unit with three private offices; Third‑floor suite in a five‑story concrete building completed in 2006; Includes waiting area, reception, full bathroom, kitchenette, and storage closet
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Includes: Price & PSF · Cap rate · Location · Zoning

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