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    240 Freeport Dr Nogales, AZ 85621-2424

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    240 Freeport Dr Nogales, AZ 85621-2424


    • Office buildings
    • 8,257 SF
    • 0.55 lot acres
    Off-Market
    Last Sale Jan 18, 2025
    $800,000
    Property ID
    US07-0570434
    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.

    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 240 Freeport Dr

    Year built
    1983
    Construction
    CONCRETE
    Lot size
    0.55 lot acres
    Property size
    8,257 SF
    Property type
    Office buildings
    APN
    113-49-019C
    APU
    11349019C

    Description

    This exceptional 8,257-square-foot executive office building in Nogales, Arizona, presents a unique investment opportunity. The single-tenant, Class C property boasts a convenient location, just a short walk from the Mariposa Port of Entry and the border with Mexico. The two-story building features expansive open office areas, ideal for collaborative work environments, complemented by several private offices for focused work and executive suites. Multiple large conference rooms provide ample space for meetings and presentations. The property includes convenient on-site parking with 20+ spaces, ensuring ample accommodation for employees and visitors. Its strategic location offers easy access to major transportation arteries, being only three miles from Interstate 19 and seven miles from Rio Rico (Exit 12). A one-hour drive to Tucson provides convenient access to a larger metropolitan area. The property's 2023 property taxes totaled $8,515. This turnkey office building is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a strategic presence in the dynamic Nogales market. The building's size and layout offer significant flexibility for a variety of business needs. The convenient location near the border crossing makes this property particularly attractive for businesses involved in cross-border commerce. This is a rare opportunity to acquire a well-maintained, functional office building in a high-demand location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $548,000
      Market price range: $476k - $1.19M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $850,000
      Current use
      AUTO REPAIR, GARAGE
      $990,000
      Change: +16% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $920,000
      Change: +8% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Nogales
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -110.969
    Latitude
    31.3366
    CBSA code
    35700
    CBSA name
    NOGALES, AZ MICROPOLITAN 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
    0
    $0.00
    $4,226
    $78,841
    $83,067
    -
    $23,479
    $438,007
    $461,486
    More about this property
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