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Property profile

660 Morley Ave Nogales, AZ 85621

Office Spaces
Property ID
US07-0899479
View Sample
4,158 SF 0.29 ac lot Built 1950

Property summary

AI-generated overview

This exceptional 4,158 square foot commercial property, situated on a 0.29-acre lot at 660 N Morley Avenue in Nogales, Arizona, presents a unique investment opportunity. Previously used as a church, the building's interior has been stripped down to the studs, offering a blank canvas for a wide range of adaptive reuse possibilities. Its central location on North Morley Avenue, amongst other thriving small businesses, ensures high visibility and convenient access for customers and employees. The expansive space is ideally suited for conversion into various commercial ventures, including but not limited to schools, offices, medical facilities, daycare centers, or retail shops. The existing structure provides a solid foundation for a complete renovation, allowing for customization to meet specific business needs. The property's size and location make it an attractive prospect for entrepreneurs and investors seeking a versatile space with significant potential for growth within a vibrant community. The 0.29-acre lot offers ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Year built 1950
Total area 4,158 SF
Lot 0.29 ac (12,632 SF)
UPID US07-0899479

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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