NOT LISTED FOR SALE

177 E Baffert Dr Nogales, AZ 85621

Estimated Value: $2,452,195

Studio
-- Bath
22,000 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $14,764 $1 Per Sq Ft

Est. 16,509% increase in value since last sale

Current estimated payment $14,589/month

320 Days on Market

Highlights

  • Gated Community
  • Skylights
  • Stone Flooring
  • Community Kitchen
  • Display Windows
  • Chilled Water System

About This Home

As of August 2022

Great produce distribution warehouse for lease! Exclusive immaculate warehouse with 22,000 sq.ft. of which 10,000 SF is cold, and approximately 2,000 sq.ft. is office. Warehouse is equiped with Camera system, Aerocide units in cold rooms, truck scales in yard and floor scale in warehouse. You have nine loading door and 2 large access doors with ramp. Yard is totally fenced and secure. What more do you want? Property is Co-listed with Nanci Pottinger of Noginan Real Estate. [520-839-5040] Call Karen or Nanci for your appointment today.

Last Agent to Sell the Property

Karen Miller

Agave Premier Properties License #BR029861000 Listed on: 09/15/2021

Last Buyer's Agent

Karen Miller

Agave Premier Properties License #BR029861000 Listed on: 09/15/2021

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 3.21 Acre Lot
  • Chain Link Fence
  • Property is zoned Ind

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Skylights
  • Display Windows
  • Chilled Water System

Flooring

  • Stone
  • Concrete

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Multiple Heating Units
  • Heat Pump System
  • Fiber Optics Available

Listing and Financial Details

  • Property Available on 9/15/21
  • Tax Lot 71
  • Assessor Parcel Number 102-01-071

Community Details

Overview

  • Building Dimensions are 349'x399'x349'x399'
  • Monte Carlo Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Security

  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: Baffert
  • Legal Info Range: 14E
  • Property Type: Comm/Industry Lease
  • Zoning: Ind
  • Bay Info Bay Door Height: 9.0
  • Current Use: Warehouse
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 220000.0
  • Lease Info Annual Lse Prc P S F: 10.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Year Built: 1998
  • Tax Year: 2020
  • Lot Size Acres: 3.21
  • Road Surface Type: Concrete
  • Subdivision Name: Monte Carlo
  • Structure Type: Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Heat Pump, Chiller System
  • Heating: Heat Pump, 2 or More Units
  • Green Building Features: Conference Room, Reception Room, Kitchen, Fiber Optic Availble, Skylight(s), Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Fiber Optic Availble: Yes

Lot Info

  • Lot Size: 349'x399'x349'x399'
  • Lot Size Sq Ft: 139827.0
  • Additional Parcels: No
  • Parcel #: 102-01-071
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-09-15

Multi Family

  • Leasable Area: 22000.0

Tax Info

  • Tax Annual Amount: 20013.0
  • Tax Book Number: 102.00
  • Tax Lot: 71
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Tessera Group Llc
Bought by
Reynoso Jose Alejandro and Rodriguez Jorge Tadeo
Current Estimated Value
$2,452,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Outstanding Balance
$1,871,800
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$580,395

Purchase Details

Closed on
Oct 23, 2018
Sold by
Poiriez Properties Inc
Bought by
The Tessera Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Reynoso Jose Alejandro $2,500,000 Stewart Title & Trust Of Phoen
The Tessera Group Llc $1,000,000 Lawyers Title Nogales
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Jose Alejandro $1,875,000
Previous Owner The Tessera Group Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $14,764 -19.5% $1 / Sq Ft
09/15/2021 09/15/21 For Sale $18,333 -- $1 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,119 $202,371 $31,461 $170,910
2024 $22,119 $236,991 $31,461 $205,530
2023 $19,794 $191,853 $31,461 $160,392
2022 $19,493 $179,179 $31,461 $147,718
2021 $20,551 $177,480 $31,461 $146,019
2020 $20,013 $170,664 $31,461 $139,203
2019 $19,313 $167,554 $31,461 $136,093
2018 $18,979 $168,467 $31,461 $137,006
2017 $18,056 $155,201 $31,461 $123,740
2016 $19,751 $158,232 $31,461 $126,771
2015 $20,831 $175,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6293775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-01-071