Medical Office in Adler
AVE BALDRICH, San Juan, PR 00918
For Sale
$575,000
Commercial Sale, San Juan, PRI
Property Size1,200 SF
Lot Size0.11 Acres
Price / SF$479.17
Days on Market21
Property Features for AVE BALDRICH
General Information
Property type
Property subtype
Standard status
Size
Lot size
Additional Details
Property Use
Building Details
Year built
Floors in Building
Listing Agency:
NEWS PROPERTIES
(787) 768-8716
Listed By:
HIRAM MELENDEZ
(787) 632-8716
Added: Oct 20
Changed: Oct 27
Last Checked: Nov 9 at 10:06PM
MLS# PR9AFCD5
Copyright © 2026 Amplia 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.
Medical office space is located in Adler Medical Tower on Ave Baldrich in San Juan, Puerto Rico. The property record gives a 1990 year built. Parking is available as an option, and the space is ready for immediate delivery.
Key Highlights
- Medical office space in Adler Medical Tower
- Optional parking available
- Ready for immediate delivery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,594
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,880
$331.9K
Cap Rate 7%
$237,057
$237.1K
Cap Rate 9%
$184,378
$184.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.2K $21.00/SF
− Vacancy
−$3.1K −$2.56/SF
EGI
$22.1K $18.44/SF
− OpEx
−$5.5K −$4.61/SF
NOI
$16.6K $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%
$331,880
Cap Rate 7%
$237,057
Cap Rate 9%
$184,378
Alternative Uses
Best Use
Office B
$237.1K
$207.4K – $276.6K
NOI $16,594 @ 7.0% cap · market cap 2.89%
Second Best
Healthcare Medical
$235.0K
$205.6K – $274.2K
NOI $16,451 @ 7.0% cap · market cap 2.86%
Theoretical Best
Specialty Retail
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 3.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00918, PR
17,439
Population
10,830
Households
1.6
Avg Household Size
47
Median Age
60%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,459
Density / Sq Mi
$36,872
Median Household Income
$40,828
Median Earnings
$628
Median Rent
$216,600
Median Home Value
Market
Vacancy Rate% for Office in San Juan, PR
Frequently Asked Questions
What type of property is this?
Medical Office Space - Optional parking is available, and the space is ready for immediate occupancy.
Where is this medical office space located?
The property is located at AVE BALDRICH San Juan, PR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Medical office space in Adler Medical Tower; Optional parking available; Ready for immediate delivery
