$16,500,000

, Patillas, 00723

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$16,500,000

Patillas, 00723

For Sale MLS# PR9101046

145.84 AcresLot/Land

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Data current as of 15/04/2024 10:38:00

Details for

MLS# PR9101046

Description for , Patillas, , 00723


145 ACRES OF CONTINUOUS LAND - 586,794 SQ MTS OF PRISTINE LAND FOR FARMING - BO JACABOA WARD, PATILLAS, PRLAND CLASIFICATION: SREP-A = SUELO RUSTICO ESPECIALMENTE PROTEGIDO AGRICOLA + DUAL ACCESS VIA PR RD-3 + PR RD-758GPS: 17.979315, -65.975071 - Two large contiguous parcels of land on the island's southeastern side with mountainous and coastal areas. Patillas, known as "The Emerald of the South," its natural beauty resembles the El Yunque national Caribbean rainforest. - The location enjoys a healthy environment with elevated levels of rainfall and a natural aquifer presence. The coastal alluvial plain of 150+ cuerdas or 145+ Acres is bound to the North by the Cordillera Central of PR. There is no shortage of natural water as the farm sits upon a natural aquifer that once tapped to a depth of 40 feet below the surface and underlined the broad expanse of the land. - The alluvium deposits by downward flowing streams have resulted in fertile soil ideal for harvesting varied crops such as plantains, vegetables, etc. Suitable for farming and raising horses, pigs, chickens, goats, etc. All growing areas are well accessible by road paths that encircle the land, accessible either via PR RD-3 or PR RD-758. - Property A features an underground ravine that runs through the land and connects with a natural spring water body. The clearing of the land would make it suitable for agricultural development. On a "Terrapin" or flat area up on a 60 feet elevation, trees growing in a wind-sept fashion indicate the presence of strong winds that potentially could be used for harvesting and installing wind turbines. - The available 150+ cuerdas or 145+ Acres of land (586,794 Sq Mts) consist of two separate yet continuous farms with approximately 900 meters of coastal PR RD- 3 frontages—almost one-kilometer direct access PR RD-3. - High-tension power lines from the local power grid known as "AEE-LUMA" run through the land's frontage and reach high elevations. - These high-tension power lines are from the Thermoelectric Power Plant in Guayama. Three neighboring power plants exist in the Cayey, Guayama, and Salinas towns. - The neighboring PR power plants are Martin Energy Group-Cayey, AES Power Plant-Guayama, and AEE-LUMA PREPA Aguirre Plant-Salinas, respectively. - 586,794 SQ MTS CONTINUOUS LAND LOT SIZE - PROPERTY A 121.6654 CUERDAS = 118.16 ACRES - PROPERTY B 28.50 CUERDAS = 27.67 ACRES + CONTINUOUS DUAL ROAD ACCESS: PROPERTY A w/Direct Access PR RD-3 (Coastal Road)PROPERTY B w/Direct Access PR RD-758 - DRIVING FROM SAN JUAN TO PATILLAS: PR HWY 52, A/K/A Autopista Luis A. Ferré. Exit PR RD-53 East-aAfter Salinas Toll into Patillas. The vast land lot will be on the left of the right oceanfront. - All information provided is for general information purposes only. Serious inquiries, please.

Listing Information


Property Type: Lot/Land

Status: Active

Lot Size: 145.84 Acres

Subdivision: Bo Jacaboa Ward

Current Use: Unimproved

County: Patillas

Utilities


Other Utilities: Cable Available,Electricity Available,Water Available,Sewer Not Available,Water Not Available

Exterior / Lot Features


Lot View: Mountain(s),Trees/Woods

Lot Dimensions: 1000X1000

Topography: Mountainous

Fencing: Chain Link

Additional Exterior/Lot Features: Flat, Level, Other, Landscaped, Pasture, Oversized Lot, Buildable, Gentle Sloping, Rural Lot, Trees, Sloped, Farm

Community Features


Security Features: Security Lights

Driving Directions


Large 150+ cuerdas or 145+ Acres located 1 HR from the San Juan metropolitan area. Best Access is HIGHWAY 52 Exit to Guayama and coastal road leads to property on the left side of the road. Proof of funds and client background info is required to schedule a guided property tour.

Financial Considerations


Terms: Cash

Tax/Property ID: 000-000-000-90-001

Price Changes


$16,500,000 Original Price
$16,500,000 Current Price
$0Total Change
Date Price Change
02/27/2024 04.47 PM $16,500,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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