0Bayamon, FL 00957

This 2.91-acre parcel in Bayamón, Puerto Rico, presents a significant redevelopment opportunity. Strategically located on PR-167, it boasts approximately 220 linear feet of frontage, benefiting from a high average daily traffic count of 47,589 vehicles. The property's prime location is directly across from established businesses including McDonald's, Pollo Tropical, and a new retail center featuring Arby's and Wingstop, ensuring high visibility and accessibility. Currently zoned R-A (High Density Residential), the land requires rezoning for commercial use, offering a developer the chance to shape the future of this key location. The site's proximity to Rexville Town Center and Victory Shopping Center further enhances its potential. With a land value of $11 per square foot and an asking price of $1,400,000, this property offers substantial returns for the right investor. The property's cadastral number is 113-011-007-06-000. The site is primarily in Flood Zone X (93.4%), with a small portion in Zone 0.2 PCT (6.6%). The surrounding area boasts a strong population density: 29,060 within 1 mile, 101,966 within 2 miles, and 182,352 within 3 miles. This presents a unique chance to capitalize on a high-traffic area with strong existing commercial presence and significant growth potential. The sloping topography adds to the site's character and development possibilities. Direct access from PR-167 ensures easy ingress and egress.