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Property profile & analytics
OFF-MARKET
Land

28 Patagonia Hwy Nogales, AZ 85621

28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 28-acre property, located at 28 E Patagonia Highway in Nogales, Arizona (zip code 85621), presents a unique investment and development opportunity. Zoned SFR-12 (Single Family Residential, 12,000 sq ft minimum lot size), this infill site is ideally suited for single-family residential construction. The land is priced at $360,000, representing a compelling value considering a 2007 appraisal valued the land at over $1 million. Significant infrastructure improvements have already been made, with over $200,000 invested in civil engineering. All utilities are available, and the property boasts convenient paved access via Highway 82, offering excellent visibility and accessibility. Its strategic location near downtown Nogales and its proximity to established residential neighborhoods further enhances its appeal. The property's APN is 103-12-042A. The seller is open to considering all offers and proposals. This presents a rare chance to acquire a substantial parcel of land in a growing area, benefiting from Nogales's position as a major port of entry with significant international trade activity. Additional land is available next door from the same seller.

Property profile
Verified
Property type Land
Lot 28 ac (1,219,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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