Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    28800 Nogales Hwy Amado, AZ 85645

    • Strip malls
    • 2,117 SF
    • 0.52 lot acres
    For Sale
    View listing
    $195,000
    Last Sale
    Aug 31, 2023
    $185,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1215935
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 28800 Nogales Hwy

    Year built
    1948
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    2,117 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    304-32-4580
    APU
    304324580

    Description

    This exceptional retail property, located at 28800 S Nogales Highway in Amado, Arizona, presents a compelling investment opportunity. Boasting a highly desirable corner lot with 0.52 acres, this 3,461 square foot building enjoys unparalleled visibility from Interstate 19, ensuring significant exposure to a large volume of daily traffic. The property is being offered AS-IS, providing buyers with the flexibility to customize and develop the space to meet their specific needs and vision. Its strategic location in Amado, Arizona, offers access to a growing market and presents endless possibilities for a variety of retail businesses. The substantial size of the building and the prominent location make this an ideal investment for entrepreneurs seeking a high-impact presence in a busy commercial corridor. The property's current condition allows for creative redevelopment, making it an attractive proposition for those seeking a project with significant upside potential. This is a rare chance to acquire a well-positioned retail space with exceptional visibility and substantial square footage in a dynamic market. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $205,000
      ML approach
      $195,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amado
    County
    Pima
    State
    Arizona
    Longitude
    -111.062
    Latitude
    31.7275
    CBSA code
    46060
    CBSA name
    TUCSON, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,575
    $10,193
    $20,950
    $31,143
    -
    $56,628
    $116,387
    $173,015

    Comparable in this City

    • Value Estimation
      $340,000
      8,191 SF

      2731 Frontage Rd

      NURSERY, GREENHOUSE, FLORIST • 8,191 SF
      2731 Frontage Rd, Amado, AZ 85645
      View Details
    • Value Estimation
      $115,000
      1,840 SF

      28860 Nogales Hwy

      AUTO REPAIR, GARAGE • 1,840 SF
      28860 Nogales Hwy, Amado, AZ 85645-9704
      View Details
    • Value Estimation
      $900,000
      2.00 Acres

      10499 Arivaca Rd

      NURSERY, GREENHOUSE, FLORIST • 2.00 Acres
      10499 Arivaca Rd, Amado, AZ 85645-0118
      View Details
    • Value Estimation
      $1,290,000
      1,435 SF

      2935 Frontage Rd

      NURSERY, GREENHOUSE, FLORIST • 1,435 SF
      2935 Frontage Rd, Amado, AZ 85645-1107
      View Details
    • Value Estimation
      $305,000
      6,859 SF

      28851 Nogales Hwy

      RESTAURANT • 6,859 SF
      28851 Nogales Hwy, Amado, AZ 85645-9704
      View Details
    • Value Estimation
      $280,000
      669 SF

      2877 Frontage Rd

      SERVICE STATION (FULL SERVICE) • 669 SF
      2877 Frontage Rd, Amado, AZ 85645-1600
      View Details

    Similar Nearby for Sale

    • $1,500,000
      6,524 SF

      Amado Retail & Warehouse Opportunity

      High-traffic location, ample space, seller financing.
      2957 Frontage Rd, Amado, AZ 85645
      View Details
    • $195,000
      3,461 SF

      Amado Retail Center: Prime I-19 Frontage

      Five-unit storefront, vacant, high visibility.
      28800 Nogales Hwy, Amado, AZ 85645
      View Details
    • $195,000
      3,461 SF

      High-Visibility Amado Retail Space

      Prime I-19 frontage, 3,461 sq ft retail space. High-traffic location, endless potential.
      28800 Nogales Hwy, Amado, AZ 85645
      View Details
    • $50,000
      2.00 Acres

      Amado, AZ Land Opportunity

      Two acre lot in Amado, Arizona, ready for new home.
      5121 W Sopori Pl, Amado, AZ 85645
      View Details
    • $6,500,000
      3,787.00 Acres

      Montosa Canyon Ranch: Arizona Estate

      Luxury Ranch, 3,787 Acres, Amado, AZ
      131 Montosa Rd, Amado, AZ 85645
      View Details
    • $20,000,000
      610.00 Acres

      I-19 Agua Linda Frontage Rd

      Land • 610.00 Acres
      I-19 Agua Linda Frontage Rd, Amado, AZ 85645
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28800 Nogales Hwy
    Amado, AZ 85645
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.