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    Ground-Floor Office Space Title is generated by Realmo AI

    De Diego DE DIEGO AVENUE, San Juan 00920

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    For Lease
    $24 SF/Yr $5,000/Mo (calc)

    Mixed Use - SAN JUAN, PR

    Type:Mixed Use
    Property size:
    2,500 SF
    Lot size:
    0.06 Acres
    Added:
    May 2, 2026
    Days on Market:
    38
    Last Refresh:
    Jun 8 at 5:06 am

    Property Features for De Diego DE DIEGO AVENUE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Zoning
    C-1
    Standard status
    Active
    APN
    062-076-094-10
    Size
    2,500 SF
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Ductless, Multi Units

    Building Details

    Year built
    1980
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Block, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Maribel Torres Grajales

    Listing agent Maribel Torres Grajales License #15586

    Listing office MARIBEL TORRES REALTY GROUP 100 Carr. 165 Centro Internaci, Guaynabo

    Listing date May 2, 2026

    MLS# PR9121101 Listing URL

    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.

    HighLights

    • Approximately 2,500 SF of ground‑floor commercial office space in a multi‑level mixed‑use building
    • Direct access from Ave. De Diego
    • Layout includes a spacious open work area, one restroom, and a kitchenette
    • Suitable for a range of professional uses such as administrative offices, consulting, medical‑related services, or educational uses
    • Multi‑unit building construction materials include block and concrete; flooring includes carpet and tile (ceramic)

    Overview

    This ground-floor office space is located within a multi-level mixed-use building and is designed for everyday client and team use. The interior features a spacious open work area along with one restroom and a kitchenette, providing a functional layout for a range of professional operations. The space is offered as approximately 2,500 square feet of office accommodations.

    The property provides direct access from Ave. De Diego, supporting convenient arrival for clients and employees and visibility from the street. It is positioned in the Puerto Nuevo area, described as highly trafficked, with access to major roads, commercial centers, and essential services nearby.

    Suitable for tenants seeking a straightforward ground-floor setup, the configuration can support administrative offices, consulting firms, medical-related services, creative workspaces, educational services, or other professional uses. With street-level access and an open floor plan, it offers a practical foundation for organizations that need flexible work areas and straightforward amenities like a restroom and kitchenette.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    San Juan
    County
    San Juan
    State
    Longitude
    -66.0785
    Latitude
    18.417

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    FAQs

    What type of property is this?
    Office units - Ground-floor office in a mixed-use building with direct street access and an open layout for professional and medical-related uses.
    Where is this office units located?
    The property is located at De Diego DE DIEGO AVENUE San Juan.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Approximately 2,500 SF of ground‑floor commercial office space in a multi‑level mixed‑use building; Direct access from Ave. De Diego; Layout includes a spacious open work area, one restroom, and a kitchenette
    (787) 547-1770
    We can help!
    Listing Contact
    Maribel Torres Grajales
    Real Estate License ID: 15586
    Learn More
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    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
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