0 Camino Diez Mandamientos Nogales, AZ 85621
This exceptional 36.44-acre parcel of land presents a unique opportunity for residential development in the rapidly growing city of Nogales, Arizona. Located northwest of Camino Diez Mandamientos and Boulevard del Rey David, this property enjoys convenient access to Interstate 19, situated approximately one-quarter mile west. The site is also within five miles of Nogales' central business district and the international border with Mexico, and 54 miles south of Tucson. The property is zoned R5, permitting single-family residential development with a minimum lot size of 6,000 square feet. In 2006, the land was approved for a 124-lot residential subdivision, indicating a potential density of 3.4 lots per acre. This translates to significant development potential. The property is not located within a flood zone, adding to its desirability. Nearby developments include the 73-lot Coronado Estates subdivision directly to the south, and further south, Desert Shadows Middle School. Nogales, according to the 2020 US Census Bureau, boasts a population of 19,770, with 6,839 households and a median household income of $31,997. The APN for this property is 113-43-026A, 026B, 027. The asking price for this substantial land holding is $775,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.