Puerto Rico Energy buys Cataño property for $750,000 after 26 sales
Puerto Rico Energy, LLC bought the property at Carretera 869 Km 0.7, Palmas, Cataño for $750,000, in a sale deed recorded on October 28, 2026. The purchase runs against the company's recent pattern: over the 24 months before it, the company was the seller on 26 sale deeds across Puerto Rico, and this is its first purchase since January 2016, when it still went by Puma Energy Caribe.
A seller turned buyer
The 26 sales ran from December 5, 2024 to October 21, 2026 and added up to about $33.3 million. Prices ranged from $180,000 to $4,325,000, with a median of $1,025,000, so the Cataño purchase sits below the company's typical sale.
The most recent of those sales came a week before this deed, on October 21, 2026, for $180,000 in Yauco.
The property
The property covers 1,040 m2 (11,189 sq ft) and is zoned I-L, a light industry district. The deed itself describes 1,401 m2 of land, so the $750,000 works out to between about $535 and $721 per square meter of land. Its earlier use permits are for a gas station with a mini-market.
Before this deed, the property last changed hands in a sale recorded on September 14, 2009, which carries no price. A billboard permit on the property dated September 1, 2025 is approved, and a later filing in the same case, dated August 7, 2026, is marked incomplete.
Light-industry sales nearby
Within 400 meters, other properties zoned for light industry sold for $725,000 (1,467 m2, December 10, 2024, about $494 per square meter), $2,000,000 (1,284 m2, December 30, 2024, about $1,557 per square meter) and $2,200,000 (5,874 m2, March 31, 2025, about $375 per square meter). The closest of them, 128 meters away, is the $725,000 sale.
