Introducing a prime investment opportunity in Juana Diaz, Puerto Rico! This expansive parcel offers immense potential for land and residential development consisting of 35.95 'cuerdas' (141,295 m2).
Currently zoned AR-1, an R-1 (Intermediate Residential) zoning was granted in the past to develop 217 residential units. This property is an excellent investment for those looking to develop and provide much-needed housing facilities in the area.
Don't miss the chance to secure a valuable piece of land in this area.
This property is located in the Callabo ward of Juana Diaz with main access on state road PR-14 which runs between Ponce and Juana Diaz. The neighborhood boundaries can be delineated as follows: PR-14 to the north, PR-52 to the south of the property and Ponce limit to the west.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
