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Real Estate

Real Estate in Nogales, MX

Available Space

Two major industrial park serves Nogales, with adequate available space in each. The newer park is far from many worker living areas, which contributes to a higher turnover rate than in communities of comparable size. A current survey of industrial parks in Nogales, with a variety of site options, reveals the following average USD prices:

Industrial Land Purchase Price

$2.50 - $5.00 per square feet.

New Construction or Build-to-Suit Costs

$22.00 - $28.00 per square feet

Lease Rates for Existing Industrial space (5yrs)

$3.55 - $4.55 per square feet

Refurbish, or Rebuild-to-Suit Costs

$12.00 - $18.00 per square feet


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