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152 N Terrace Avenue, Nogales, AZ 85621
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 22522768
Address Information
- Street #
- 152
- Direction
- N
- Street Name
- Terrace
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85621
- County
- Santa Cruz
- Country
- USA
Location, Tax & Legal
- Tax Code
- 101-46-016
- Area
- SCC-Nogales East
- Tax Year
- 2024
- Taxes
- 16940.9
- Taxes For
- Building & Land
- Legal Description
- See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.
- Municipality/Zoning
- Nogales - GC
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Mixed
- Total Parking
- 165
- Multi-Tenant
- Yes
- Year Built
- 1968
- Lot Dimensions
- Irregular
- Lot Acres
- 1.72
- Lot Sqft
- 74749
- Lot Size Source
- Assessor
- Combined SqFt
- 24910
- Source of SqFt
- Appraiser
- Leasable SqFt
- 24910
- List Price/SqFt
- 240.87
- Lot Size Price/SqFt
- 80.27
Property Features
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
More Information
Showing Information
- 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.
Income
- Gross Scheduled Rent
- 551992.18
- Net Opp Income
- 522751.94
Analysis
- Cap Rate %
- 8.71
- Gross Rent Multi
- 10.87
- Vacancy Rate %
- 0
Expenses
- CAM Fee/Mo
- 744
- Figures Presented
- Proforma
- Insurance
- 3535.63
- Taxes/Assessments
- 16770.52
Unit Information
- Apartment
- Low Rise
- Office
- Office Condo
- Retail
- Free Standing Building
Apartment Unit Information
- # of Units/2 BR
- 4
- Avg Mo Rent/2 BR
- 750
Property Features
- A.D.A. Compliant
- Unknown
- Conference Room
- Yes
- Interior Steps
- Yes
- Smoke Detector
- Yes
- Storage
- Yes
- Warehouse
- Yes
Space Information
- Door Height
- 10 ft
- # Dock
- Yes
- Dock High
- Yes
Electric
- Electric Company
- UniSource Energy Ser
Water
- Water Company
- CIty of Nogales
Parking
- Other
- Paid Parking
- Common
- Yes
- Fee
- Yes
- Free
- Yes
- Private Parking
- Yes
- Public Parking
- Yes
Submit With Offer
- Seller Title Company
- Pioneer Title Agency
- Loan Pre-Qualifiaction
- Yes
- Proof of Funds
- Yes
Gas
- Natural
- Yes
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up - Reflect
- Yes
Fence
- None
- Yes
Road Type
- Paved
- Yes
Warehouse Storage
- Dry
- Yes
Lot Features
- Corner Lot
- Yes
- Dividable Lot
- Yes
- East/West Exposure
- Yes
- North/South Exposure
- Yes
- Subdivided
- Yes
Main Cooling
- Evaporative Cooling
- Yes
Main Heating
- Electric
- Yes
Water Heater
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Submit
- Yes
Accessibility Option
- Accessible Elevator Installed
- Yes
- Ramped Main Level
- Yes
- Wide Doorways
- Yes
- Wide Hallways
- Yes
Security
- Alarm Installed
- Yes
- Closed Circuit Camera(s)
- Yes
- Security Lights
- Yes
- Window Bars
- Yes
Landscape - Front
- Low Care
- Yes
- Shrubs
- Yes
- Trees
- Yes
Landscape - Rear
- Low Care
- Yes
- Shrubs
- Yes
- Trees
- Yes
Business Location
- Business Park
- Yes
- Commercial Strip
- Yes
- Corner Lot
- Yes
- Free Standing Bldg
- Yes
- Office/Professional
- Yes
- Redevelopment Area
- Yes
Freeway/Highway
- Up to 1 Mile
- Yes
Traffic Count
- Unknown
- Yes
Possession
- Negotiable
- Yes
Restrictions
- Deed
- Yes
Property Disclosures
- Property Profile
- Yes
- Seller Prop Disclosure
- Yes
Special Conditions
- None
- Yes
Documents
Parcel and Legal Descriptions ›