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    734 Morley Ave Nogales, AZ 85621

    For Sale
    $250,000

    High-potential retail space, needs renovation.

    Property size:
    1,825 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 1,825 square foot retail property located at 734 N Morley Avenue, Nogales, Arizona, presents a unique investment opportunity. Situated on a 0.56-acre lot, the property was formerly Josie's Market. The building is currently in disrepair and is being sold "as is" as part of a probate estate sale. Significant renovations are required

    Property Features for 734 Morley Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,825 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1981
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -110.9292
    Latitude
    31.34601

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    FAQs

    What type of property is this?
    Retail property - High-potential retail space, needs renovation.
    Where is this retail property located?
    The property is located at 734 Morley Ave Nogales, AZ.
    What is the asking price?
    The asking price for this property is $250,000.
    (520) 730-3501
    Request Owner's contact information
    734 Morley 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
    734 Morley Ave Nogales, AZ 85621
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