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152 N Terrace Avenue, Nogales, AZ 85621

$6,000,000
Property Type: Comm/Industry Sale Square Footage: 24,910 Lot Size (sq. ft.): 74,923 Status: Active
Current Price: $6,000,000 List Date: 9/26/2025 Last Modified: 9/26/2025

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,

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.

More Information MLS# 6925037

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

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 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
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 26 - 2025
152 N Terrace Avenue, Nogales, AZ 85621- MLS# 6925037
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