Property profile

494 Carondelet Dr Nogales, AZ 85621

OFF-MARKET
Medical Office Space
Property ID
US07-1042393
6,533 SF 3.95 ac lot Built 1990
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,533 square foot property located at 494 N Carondelet Drive, Nogales, Arizona, presents a unique investment opportunity. Situated on a generous 3.95-acre lot, the building previously served as a medical clinic and features two distinct office spaces. This versatile layout offers flexibility for a variety of uses, allowing a potential tenant to lease either one or both sides of the building, catering to diverse business needs. The property's substantial size and ample land provide significant expansion potential or the possibility of developing additional structures. The current owner is highly motivated to sell, making this an attractive proposition for discerning investors seeking a strong return on investment in a prime Nogales location. The building's history as a medical clinic suggests existing infrastructure suitable for healthcare-related businesses, but its adaptable design makes it suitable for a wide range of commercial ventures. The large lot size offers ample parking and potential for outdoor amenities. This property is ready for a new owner to capitalize on its potential and establish a thriving business in a vibrant community. The asking price of $950,000 reflects the significant value and potential of this exceptional commercial property. Serious inquiries are encouraged.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1990
Construction CONCRETE
Total area 6,533 SF
Lot 3.95 ac (172,062 SF)
APN 102-13-010
UPID US07-1042393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

494 Carondelet Dr Nogales, AZ 85621-2453
Nogales metro Census 966401 NOGALES, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$645k

Owner & transaction history

since 2025
Last sale
$650,000
7 recorded transactions
2025
$650,000
2025
$526,685
2018
Price N/A
2018
Price N/A
2016
$924,660
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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