28 Patagonia Hwy Nogales, AZ 85621
- Land
- 132.00 lot acres
Current Use by Public Records
- Land
Property Details for 28 Patagonia Hwy
- Lot size
- 132.00 lot acres
- Property type
- Land
Description
This exceptional 132-acre property, located at 28 & 104 E. Patagonia Highway in Nogales, Arizona (zip code 85621), presents a unique investment opportunity. The land, identified by APN numbers 103-12-042A & 103-10-009A, is zoned for Mixed Use, specifically allowing for Multi-Family Residential (MFR) and Single Family Residential (SFR-12) development. Priced at $899,000, this translates to a land value of $7,537.88 per acre. The property boasts a gradually sloping terrain, promising future lots with stunning views of the city and surrounding mountains. Previously envisioned as a 95-lot residential subdivision (on approximately 104 acres), this infill project site is situated within established residential areas, offering immediate development potential. While a 2007 appraisal valued the land at over $3.5 million, the sellers are open to considering all offers and proposals. This prime location in Santa Cruz County offers significant upside for discerning investors seeking a substantial land acquisition in a growing Arizona market. The property's size and zoning flexibility make it ideal for a variety of residential development projects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nogales
- County
- Santa Cruz
- State
- Arizona
- Longitude
- -110.924
- Latitude
- 31.3492
