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    441 N Grand Ave Nogales, AZ 85621

    For Sale
    $2,400,000

    Commercial Sale - Nogales, AZ

    Property size:
    37,482 SF
    Lot size:
    2.06 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 441 N Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Nogales - GC
    APN
    101-50-044A
    Parking features
    Paved or Surfaced
    Exterior features
    Graded, Shrubs, East/West Exposure, Subdivided
    Size
    37,482 SF
    Lot size
    2.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Building materials
    Block, Slump Block
    Roof type
    Built-Up
    Architectural style
    Other

    Realty Executives Arizona Territory [email protected]

    Listing agent Travis Wright Pottinger (520) 314-3255

    Listing date Sep 26, 2025

    MLS# 22327313 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

    Established Retail and Office Center

    El Alamo Plaza is a retail and office commercial center situated on a 2.06-acre lot in downtown Nogales, Arizona, approximately 0.45 miles north of the international border. The plaza, accessible from N. Grand Avenue and N. Arroyo Blvd, features 21 income-producing units totaling 37,482 square feet. These units include 16 retail spaces, one big box retail space, three office spaces, and one stand-alone hub. Current tenants include O'Reilly Auto Parts, Buffalo Exchange, PostNet Postal Service, Anda Laundry Mat, Dorado Staffing Services, Futuro Insurance, Medicare Community Resource Center, Mining Supplies, Nueva Cosecha Ministries, Larriva Corporation, Smoke Emporium, Water Mill Express, Fresk-Ka, and Geo's Nails. O'Reilly Auto Parts' lease extends through March 31, 2029, with options to extend through March of 2049 and covers 40% of the annual property taxes and utilities. Buffalo Exchange is under lease through January 31, 2031, and Water Mill Express's stand-alone hub lease runs through October 31, 2026. The remaining occupied units operate on month-to-month lease agreements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Buffalo Outlet Nogales Used Clothing Store Geo's Nails and More ... Nail Salon AMIGO'S, GUIDES & OUTFITTERS Hunting Club Desert Trophy Outfitters Hunting Club Camou Brothers Outfitters Hunting Club

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Nogales
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -110.93878
    Latitude
    31.339819

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    FAQs

    What type of property is this?
    Strip mall - Retail and office commercial center in downtown Nogales, Arizona.
    Where is this strip mall located?
    The property is located at 441 N Grand Ave Nogales, AZ.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Nogales, just 0.45 miles from the international border.; - Significant income potential with 21 income-producing units, including a mix of retail, office, and stand-alone spaces.; - **Long-term lease with O'Reilly Auto Parts through March 2049**, with no landlord responsibilities and tenant covering 40% of property taxes and utilities.
    (520) 314-3255
    Request Owner's contact information
    441 N Grand Ave Nogales, AZ 85621
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    Nogales, AZ 85621
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    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
    441 N Grand Ave Nogales, AZ 85621
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