$2,400,000
Nogales, AZ 85621
MLS# 22613278
37482 sqft
1 / 46
Property Description
Phenomenal investment opportunity to own the coveted El Alamo Plaza, a well-established retail and office commercial center located on a huge 2.06-acre lot in the heart of downtown Nogales! Located approximately 0.45 of a mile north of the international border, the plaza can be accessed by heading south on N. Grand Avenue (on way to Mexico) or by heading north on N. Arroyo Blvd (as leave Mexico). The property comprises 21 income producing units spread out over 37,482 square feet boasting 16 retail spaces, one big box retail, three office spaces, and one stand-alone hub. Established tenants include O'Reilly Auto Parts, Buffalo Exchange, PostNet Postal Service, Anda Laundry Mat, Dorado Staffing Services, Futuro Insurance, Medicare Community Resource Center, Mining Supplies,
Details
Address Information
Street #: 441
Direction: N
Street Name: Grand
Suffix: Avenue
State/Province: AZ
Zip Code: 85621
County: Santa Cruz
Country: USA
Location, Tax & Legal
Tax Code: 101-50-044A
Area: SCC-Nogales East
Contract Information
Current Price: $2,400,000
List Price: $2,400,000
Listing Date: 2026-05-25
Status: Active
Method of Title: Fee (Simple)
Short Sale: No
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
# Units: 21
Total Parking: 90
Multi-Tenant: Yes
Year Built: 1979
Lot Dimensions: Irregular
Lot Acres: 2.06
Lot Sqft: 89734
Lot Size Source: Assessor
Combined SqFt: 37482
Source of SqFt: Assessor
Leasable SqFt: 37310
List Price/SqFt: 64.03
Lot Size Price/SqFt: 26.75
Showing Information
Directions: Start 1-19 & N. Grand Avenue, head South on N. Grand Avenue to address on left hand side.
Electric
Electric Company: Unisource
Income
Gross Scheduled Rent: 229458.61
Other Income: 27792.75
Adjusted Gross: 257251.36
Net Opp Income: 202884.82
Analysis
Cap Rate %: 8.45
Vacancy Rate %: 9.52
Expenses
Figures Presented: Proforma
Gas/Electric: 862.11
Insurance: 17158.5
Taxes/Assessments: 23127.56
Water/Sewer: 13183.27
Other Expenses: 35
Unit Information
Office: Office Building
Retail: Strip Center
Submit With Offer
Seller Title Company: Lawyers Title
Remarks Misc
Geo Lat: 31.339726
Geo Lon: -110.93869
Property Features
Property Features: Conference Room; Skylight; Smoke Detector; Storage; Wet Bar
Construction: Slump Block
Roof: Built-Up - Reflect
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Forced Air
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: Entry; Level; Wide Doorways
Security: Alarm Installed; Security Lights
Fence: Split Rail; Wrought Iron
Landscape - Front: Graded; Low Care; Shrubs; Trees
Landscape - Rear: Graded; Low Care; Shrubs; Trees
Road Type: Paved
Parking: Common; Free; Parking Lights; Paved Parking; Public Parking
Lot Features: East/West Exposure; Subdivided
Business Location: Commercial Strip; Free Standing Bldg; Office/Professional
Traffic Count: Unknown
Terms: Cash; Conventional; Owner Carry; Submit
Possession: Immediate; Negotiable; Recording
Submit With Offer: Digital Signature Accepted; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Restrictions: Deed
Listing Office: Realty Executives Arizona Territory
Last Updated: May - 26 - 2026
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