Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 8.0 Acres |
Financials
Price:$3,500,000
Annual Taxes:$8,285
Listing Courtesy of ARK REAL ESTATE
This premier industrial parcel is strategically located at 1 Reparto Industrial, Canas Ward, in the highly sought after southern hub of Ponce, PR.
Description
This premier industrial parcel is strategically located at 1 Reparto Industrial, Canas Ward, in the highly sought-after southern hub of Ponce, PR. The property spans a total area of 8.27 cuerdas. Featuring a flat topography optimized for logistical and commercial scale operations, this site offers immediate potential for corporate headquarters, manufacturing, warehousing, or heavy distribution facilities.
Zoned EH-2 (Heavy Special Industrial), the land provides an unparalleled tier of development flexibility. Highlighting its massive potential, this level parcel includes a previously pre-approved residential development for 172 apartment units, presenting a rare and highly lucrative opportunity for developers to capitalize on the growing demand for residential housing in the area. The site is conveniently located near major highways, commercial centers, schools, healthcare facilities, and other key amenities, making it a valuable investment opportunity in one of Puerto Rico's principal urban markets.
The property has a value of approximately $107.80 for each square meter. Environmental and coastal records indicate that the firm flood zone structure is split between Zone X (65.8 percnt) and Zone AE (34.2 percnt), remaining completely outside of any designated floodway. This highly accessible acreage represents a premier investment in the region's main manufacturing and urban corridor.
CRIM: $8,285.51 annually.
Coordinates: 17.99282522, -66.64951992
Amenities
- Electricity Available
- Water Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.