For Sale
$899,000

28 Patagonia HwyNogales, AZ 85621

132 Acres, Mixed-Use Zoning, Excellent Views

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 132-acre property, located at 28 & 104 E. Patagonia Highway in Nogales, Arizona (zip code 85621), presents a unique investment opportunity. The land, identified by APN numbers 103-12-042A & 103-10-009A, is zoned for Mixed Use, specifically allowing for Multi-Family Residential (MFR) and Single Family Residential (SFR-12) development. Priced at $899,000, this translates to a land value of $7,537.88 per acre. The property boasts a gradually sloping terrain, promising future lots with stunning views of the city and surrounding mountains. Previously envisioned as a 95-lot residential subdivision (on approximately 104 acres), this infill project site is situated within established residential areas, offering immediate development potential. While a 2007 appraisal valued the land at over $3.5 million, the sellers are open to considering all offers and proposals. This prime location in Santa Cruz County offers significant upside for discerning investors seeking a substantial land acquisition in a growing Arizona market. The property's size and zoning flexibility make it ideal for a variety of residential development projects.

Highlights

  • 132-acre mixed-use property in Nogales, AZ (APN 103-12-042A & 103-10-009A) zoned for multi-family and single-family residential development.
  • $899,000 asking price, $6,810.61 per acre.
  • Gradually sloping terrain with city and mountain views.
  • Previously planned as a 95-lot residential subdivision.
  • Located in established residential area, offering immediate development potential.

Property Details for 28 Patagonia Hwy

Property type
Land
Lot Size (sq. ft)
5,749,920 SF

Location Insight

City
Nogales
County
Santa Cruz
State
Arizona
Latitude
31.3492326
Longitude
-110.9244711
28 Patagonia Hwy, Nogales, Arizona

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28 Patagonia Hwy
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