1950 Congress DrNogales, AZ 85621

  • Land
  • 1.54 AC
For Sale
$450,000 View listing

Property Details for 1950 Congress Dr

Lot size
1.54 AC
Property type
Land
Property subtype
Commercial land
APN
102-01-099D
APU
10201099D

Description

This exceptional 1.54-acre vacant land parcel presents a unique investment opportunity in the vibrant city of Nogales, Arizona. Located at 1950 N Congress Drive, this property offers significant potential for a variety of commercial developments, including retail spaces, office buildings, or a combination thereof. Its strategic location provides excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the Nogales market. The expansive acreage allows for ample room for construction and potential future expansion. The property is classified as "Other" in property type, indicating its versatility and suitability for a range of commercial uses. The asking price of $249,000 represents a compelling value for this prime piece of real estate in a growing area. Given its size and location, this property is well-suited for developers or investors seeking a high-return opportunity in a dynamic commercial environment. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built development tailored to specific business needs. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property's zoning and permitted uses should be independently verified. This is a rare opportunity to acquire a significant land parcel in a desirable location with substantial growth potential. Don't miss out on this chance to secure a prime piece of Nogales real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,304,291
    Hospitality
    $9,438,675
    Educational
    $7,852,866
    Medical
    $8,122,938
    Retail
    $12,215,570
1950 Congress Dr, Nogales, Arizona

Location Insight

City
Nogales
County
Santa Cruz
State
Arizona
Latitude
31.3677
Longitude
-110.94
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
-
$30,187
-
$30,187
-
$201,247
-
$201,247

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