1305 Fairway DrNogales, AZ 85621

Property Details for 1305 Fairway Dr

Year built

1978

Lot size

2.36 AC

Property size (Sq ft)

11,793 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

113-45-163

APU

11345163

Description

This exceptional bank-owned industrial property in Nogales, Arizona, presents a compelling investment opportunity. Encompassing ±37,103 square feet across three buildings on a ±6.17-acre lot, this complex offers a versatile mix of cold storage, dry storage, and office space. The property boasts ceiling heights ranging from 16 to 28 feet, providing ample space for various industrial uses. Renovated in 2013, the buildings are situated at 1301-1305 W Fairway Dr, Nogales, AZ 85621, with convenient access to I-19. The property is zoned LI- Light Industrial, City of Nogales, and features Santa Cruz County Parcel Numbers 113-45-163 and 113-45-164A. The asking price is $3,850,000, translating to $103.77 per square foot. The current vacancy status allows for immediate occupancy and customization to suit a wide range of operational needs. The property's layout includes approximately 6.8% office space, 10.2% dry storage, and 83% cold storage, offering significant flexibility for diverse industrial applications. This is a rare opportunity to acquire a substantial, well-located industrial property in a growing market. The property's size, features, and location make it ideal for various businesses seeking a strategic foothold in the region. The property is currently vacant, providing immediate occupancy and the ability to tailor the space to specific requirements.

• Alternative Use

  Use

  Valuation

  Residential

  $1,811,492

  Hospitality

  $1,659,317

  Educational

  $1,380,532

  Medical

  $1,428,011

  Retail

  $2,147,494

Location Insight

City

Nogales

County

Santa Cruz

State

Arizona

Latitude

31.3895

Longitude

-110.962

CBSA code

35700

CBSA name

NOGALES, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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