Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    152 N Terrace Ave Nogales, AZ 85621

    For Sale
    $6,000,000

    Commercial Sale - Nogales, AZ

    Property size:
    24,910 SF
    Lot size:
    1.72 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 152 N Terrace Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Nogales - GC
    APN
    101-46-016
    Exterior features
    Shrubs, Corner Lot, Dividable Lot, East/West Exposure, North/South Exposure, Subdivided
    Size
    24,910 SF
    Lot size
    1.72 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1968
    Building materials
    Brick
    Roof type
    Built-Up
    Architectural style
    Other

    Realty Executives Arizona Territory [email protected]

    Listing agent Travis Wright Pottinger (520) 314-3255

    Listing date Sep 3, 2025

    MLS# 22522768 Listing URL

    Copyright © 2025 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Nogales Commercial Block

    The Larriva Downtown Nogales Commercial Block presents an opportunity to acquire a commercial property encompassing 13 contiguous parcels, totaling approximately 1.716 acres. Located in downtown Nogales, Arizona, it is situated just north of the U.S.-Mexico border and the Dennis DeConcini Port of Entry. The property includes a mix of income-generating assets, including a retail building of approximately 20,482 square feet, around 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 its proximity to the border, supporting trade, logistics, and cross-border commerce. Anchored by established long-term tenants with consistent rental income, the block also presents potential through redevelopment or re-tenanting of underutilized parcels. This investment offers an opportunity to secure a position in one of the region's logistics and border commerce hubs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Nogales Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Nogales
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -110.942516
    Latitude
    31.334493

    Nearby Similar for Sale

    • $450,000
      5,369 SF

      Historic Nogales Fourplex Investment Opportunity

      Charming 1915 fourplex in downtown Nogales, Arizona.
      472 W Walnut St, Nogales, AZ 85621
      View Details
    • $2,400,000
      37,482 SF

      Established Retail and Office Center

      Retail and office commercial center in downtown Nogales, Arizona.
      441 N Grand Ave, Nogales, AZ 85621
      View Details
    • $250,000
      1,296 SF

      Nogales Commercial Space For Sale

      Adaptable commercial space with high traffic flow in Nogales, Arizona.
      754 N Morley Ave, Nogales, AZ 85621
      View Details
    • $89,000
      1,733 SF

      Nogales Duplex Fixer-Upper Opportunity

      Fixer-upper duplex in Nogales, Arizona, with owner financing.
      535 W Elm St, Nogales, AZ 85621
      View Details
    • $300,000
      7,460 SF

      Historical Building Near Border

      Historical building with business opportunities in bustling downtown Nogales.
      185 N Grand Ave, Nogales, AZ 85621
      View Details
    • New
      $230,000
      2,193 SF

      Nogales Triplex for Investors

      Entry-level triplex in Nogales, Arizona, ideal for new investors.
      756 W Stephenson St, Nogales, AZ 85621
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime 1.716-acre commercial property in downtown Nogales, Arizona.
    Where is this shopping center located?
    The property is located at 152 N Terrace Ave Nogales, AZ.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Prime downtown Nogales location, steps from the U.S.-Mexico border/Dennis DeConcini Port of Entry.; - +/- 1.716-acre commercial property with 13 contiguous parcels.; - Diverse income-generating assets: retail building, parking, office/apartments, ATMs, cellular tower.
    (520) 314-3255
    Request Owner's contact information
    152 N Terrace Ave Nogales, AZ 85621
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    152 N Terrace Ave
    Nogales, AZ 85621
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    152 N Terrace Ave Nogales, AZ 85621
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.