The 5V pin (!), if you feed the unregulated voltage to VIN; see the drawing here:
Not sure how well the onboard regulator is “heat sinked” on an average Nano, but an LM1117 has a thermal resistance of around 60 °C/W junction to air, so you have (125 − 25) / 60 = ~1.5 W to play with worst case, which at 12 V is 1.5 / (12 − 5) = just over 200 mA. You’d want a bit less because 125 °C is crazy hot, but otoh the PCB will distribute some of the heat over a bigger area.