Property description

PublicRemarks:-Property Overview: This exceptional vacant lot, located at PR-103 Km 11.9 in Boquerón Ward, Cabo Rojo, Puerto Rico, encompasses approximately 19,651.95 square meters, equivalent to 5.00 cuerdas. The property’s accessible, rural location offers both privacy and convenience, as it sits near essential services, schools, shopping centers, recreational facilities, and main highways. Key Features:Land Area: 19,651.95 sq. meters (approx. 5.00 cuerdas) Zoning: AR-1 (Agricultural Reserve) – designated for agricultural use, limiting non-agricultural developments and preserving the land's natural resources. Topography: Level, with rectangular shape, enhancing ease of use and potential for various applications within agricultural or rural residential use. Accessibility: Main access through PR-103, a well-connected route in Cabo Rojo's Boquerón Ward. Utilities: The property is positioned for utility access, including electricity via LUMA Energy and water through AAA, though connections are not yet established. Environmental and Market Considerations: The lot is situated outside FEMA-designated flood zones (Zone X) and is free of known adverse environmental factors. The appraisal considers recent comparable land sales in nearby rural areas, with values adjusted based on size, zoning, and market demand. The most comparable recent sales suggest a market value of approximately $53,000 each acre (cuerda), totaling an estimated property value of $265,000 as of October 7, 2023./ Marketability: Given its strategic location and zoning, the property is well-suited for agricultural development or residential projects that align with the rural zoning restrictions. The appraisal notes a marketing time of over six months, appropriate for rural land in this market, and the demand is expected to be stable, aligning with similar properties in Cabo Rojo./ Final Note : This property offers a unique investment opportunity within Cabo Rojo's desirable Boquerón Ward, combining rural charm with convenient access to urban amenities. Its zoning and location present a rare chance to secure a large, versatile lot in an agriculturally reserved area, ideal for buyers prioritizing land preservation and strategic investment potential.
Directions:- To reach PR-103 Km 11.9 in Boquerón, Cabo Rojo, from Rafael Hernández Airport (BQN) in Aguadilla, follow these directions: Exit the airport and head south on Hangar Rd toward Borinquen Ave. Turn right onto Borinquen Ave and continue to PR-107. Turn left onto PR-107 and proceed to the intersection with PR-2. Merge onto PR-2 heading south toward Mayagüez. Continue on PR-2 for approximately 30 miles, passing through towns such as Aguadilla, Aguada, and Mayagüez. Take the exit toward PR-100 South (Cabo Rojo). Merge onto PR-100 South and continue for about 7 miles. Turn right onto PR-103. Proceed on PR-103 for approximately 1.9 kilometers (about 1.2 miles) to reach Km 11.9. The destination will be on your right. The total driving distance is approximately 45 miles, and the journey typically takes around 1 hour and 15 minutes, depending on traffic conditions.

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