$4,000,000
Int. Of Rt. 66 & Pr-185
Canovanas, PR 00729
Listing updated: December 13, 2025 at 7:31 AM ET
Listing courtesy of Beyond Commercial Group Llc · Phillip Faigenblat · MLS #PR9110673 · Active · 787-397-0458Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Explore a unique investment opportunity in Canovanas, Puerto Rico. This 10.2-acre parcel, previously approved for 200 multi-family units, is strategically positioned for development. Featuring prominent street frontage and site exposure along Route 66, the property offers high visibility and effortless access. Located just off Exit 10, it benefits from steady vehicular traffic and excellent connectivity. The site is development-ready, with sewer and utility access points already in place. Floor plans and surveys are available, providing detailed insights into the property’s layout and supporting the development process. Its prime location near major population centers enhances its potential for mixed-use development, whether residential, commercial, or a combination of both. Canovanas continues to grow, making it an attractive location for a high-visibility landmark project. Capitalize on this rare opportunity to create a dynamic development in one of Puerto Rico’s emerging markets.
Local Insight
At $9 per square foot for 10.2 acres in the intersection of Route 66 and PR-185 in Canovanas, you're looking at land with serious commercial or development potential given its highway frontage and location—this is dramatically cheaper than developed residential, which signals it's raw land requiring significant infrastructure investment. The X flood zone designation is a major plus for buildability, but you'll need to verify zoning, utilities availability, and whether PR-185 access actually translates to the visibility and traffic counts that justify a $4 million price tag for an undeveloped parcel.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history360 days on market
- Status: ActiveDec 18, 2024
- Listed$4,000,000Dec 18, 2024
- Price increased$4,000,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 360
- County
- CanóVanas
- Price/sq ft
- $9
- Lot size
- 444,312 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X
- Parcel #
- 117-000-004-28
- Zoning
- C-I
- MLS #
- PR9110673
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2024-12-17
- On market date
- 2024-12-18
- Original list price
- $4,000,000
- MLS area
- 00729 - Canovanas
- Listing AOR
- Puerto Rico
- Status changed
- 2024-12-18
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head east from Luis Muñoz Marín International Airport by taking Puente Teodoro Moscoso to Expreso Román Baldorioty de Castro (PR-26). Continue east on PR-26 and merge onto Autopista Roberto Sánchez Vilella (PR-66). Take Exit 10 toward PR-185 in Canóvanas. Turn left onto PR-185, and the destination will be on your right near the intersection of Rt. 66 and PR-185.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of December 13, 2025 at 7:31 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA