$6,000,000
Nogales, AZ 85621
MLS# 6925037
1 / 37
Property Description
Presenting the Larriva Downtown Nogales Commercial Block- an exceptional opportunity to acquire a prime +/- 1.716-acre commercial property encompassing 13 contiguous parcels. Ideally situated in the heart of downtown Nogales, Arizona - just a few steps north of the U.S.-Mexico border/Dennis DeConcini Port of Entry- this portfolio represents a rare and highly sought-after acquisition. The offering includes a diverse mix of income-generating assets including a +/- 20,482 square foot big-box retail building, approximately 155 paid parking spaces, a four-unit office/apartment complex, multiple ATM installations, and a cellular infrastructure tower. Positioned at a high-visibility intersection within the city's historic downtown corridor, the property benefits from strong border proximity,
Details
Documents
Contract Info
Ownership: Fee Simple
Current Price: $6,000,000
List Price: $6,000,000
Status: Active
List Date: 2025-09-25
Location, Tax & Legal
Assessor's Map #: 46
Assessor's Parcel #: 16
Add'l Parcels: Yes
Tax Municipality: Nogales
Taxes: 16770.52
Legal: See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.
House Number: 152
Compass: N
Street Name: Terrace
St Suffix: Avenue
City/Town Code: Nogales
State/Province: AZ
Zip Code: 85621
County Code: Santa Cruz
Assessor Number: 101-46-016
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 24910
# of Buildings: 13
Uncvrd Parking Spcs: 165
Flood Zone: No
Year Built: 1968
Zoning: GC
Legal Info
Range: 13E
Section: 18
Township: 24S
Lot Number: 3B
Construction
Brick: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Annual Ins Exp: 3535.63
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 551992.18
Building Type
Commercial: 1
Business Type
Mixed: 1
Pmt & Rate Info
Cap Rate: 8.71
Equity: 6000000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Office Evap: 1
Interior Features
Finished: 1
Loading Facilities
Dock High: 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Fee: 1
Parking Lot: 1
Private: 1
Electric
Unisource: 1
Gas
Unisource: 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Directions: Head south on I-19. The property will be located on the right-hand side, bordered by W. Crawford Street to the north, I-19/N. Sonoita Avenue to the west, and N. Terrace Avenue to the east.
Geo Lat: 31.33449
Geo Lon: -110.942495
Income Expenses
Gross Annual Sch Inc: 551992.18
Net Operating Income: 522751.94
Property Features
Building Type: Commercial
Business Type: Mixed
Construction: Brick
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Office Evap
Loading Facilities: Dock High
Interior Features: Finished
Fencing: None
Parking Features: Fee; Parking Lot; Private
Electric: Unisource
Gas: Unisource
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Supplements
supporting trade, logistics, and cross-border commerce.
Anchored by established long-term tenants with consistent rental income, the block also presents compelling upside potential through redevelopment or re-tenanting of underutilized parcels. With both immediate cash flow and long-term value appreciation, this investment offers a unique opportunity to secure a cornerstone position in one of the region's most critical logistics and border commerce hubs.
Parcels and Legal Descriptions 
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 26 - 2025
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