Alta Gama N Motors LLC buys a commercial-zoned parcel in Jiménez, Río Grande
Alta Gama N Motors LLC has bought the parcel at Carretera 955 Km 1.5, Jiménez, Río Grande, 00745, and the deed carries a price of $3,500,000. The deed was recorded on September 24, 2026.
The instrument is a sale. In a sale, the seller undertakes to transfer ownership of a property to a buyer, and the buyer undertakes to pay a set price. The company appears on the deed as that buyer.
The parcel
The parcel covers 1,500 m2 / 16,142 sq ft in the parcel records. The Puerto Rico Land Use Plan classifies its area as urban land (93%), road system (7%). Urban land is land served by roads, water, electricity and other infrastructure in areas already consolidated by building. The class alone does not make a lot buildable.
Its zoning follows the same split, with the districts C-I (93%), VIAL (7%). C-I, or Comercial Intermedio, is an intermediate commercial district for commercial areas that serve several neighborhoods, and for commerce in a municipality's founding town center. Apart from this purchase, the parcel has 1 earlier sale deed on file.
Sales in Jiménez and Río Grande
The Jiménez neighbourhood had 38 sale deeds recorded over the past 12 months. That is fewer than the 56 it had in the 12 months before that. Deeds from the latest months are still being recorded, so the newer count is not final.
The median price on the neighbourhood's deeds was $131,500 over the past 12 months, against $138,500 in the 12 months before. Together, the two comparisons point to a quieter year in Jiménez, with recorded prices a little lower than the year before.
Across the whole municipality of Río Grande, 496 sale deeds were recorded over the past 12 months. That is fewer than the 725 recorded in the 12 months before that, and the same caveat about late recording applies to the newer figure.
The municipality's median deed price moved the other way. It was $180,000 over the past 12 months, more than the $153,000 of the 12 months before. That suggests fewer deeds in Río Grande but a higher typical recorded price.
A longer view of closed deals in Río Grande puts the median price paid at $161,450 (October 2025). This figure comes from registered sale deeds, and it leaves out the newest twelve months because of registration lag. It counts recorded sale deeds only and excludes deeds typed as commercial land or parking.
Measured from the same deeds, Río Grande had 52 (October 2025) residential sales in the latest available deed month.
Sellers listing residential property for sale in the municipality have a median asking price of $328,333 (September 2026). That number is what sellers want, and no deed records it as a price.