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    Us Hwy 60 Surprise, AZ 85374

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    Prime Commercial Land, Hwy 60 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 53-acre parcel presents a unique investment opportunity in the rapidly growing Surprise, Arizona area. Strategically located on US Highway 60, this property boasts an impressive 1,600 feet of highway frontage, ensuring high visibility and accessibility. The land is zoned Commercial, providing flexibility for a wide range of development possibilities. Its proximity to Loop 303 Freeway (less than four miles) further enhances its strategic location, providing easy access to major transportation arteries. The city of Surprise actively supports residential, retail, and commercial development, making this a prime location to capitalize on the area's explosive growth. The property's APN is 503-73-018C. This expansive tract offers significant potential for developers seeking to establish a substantial presence in a thriving market. The surrounding area is experiencing a surge in development, indicating a strong upward trajectory for property values. This is a rare opportunity to acquire a large, commercially zoned parcel in a high-growth area with excellent highway visibility. The property is situated in Maricopa County, Arizona, with a Surprise, AZ mailing address and zip code of 85374. The coordinates are 33.722293 latitude and -112.455307 longitude. The property is also suitable for residential development, given its dual Commercial/Residential subtype.

    Property Features for 0 Us Hwy 60

    General Information

    Property type
    Land
    Lot Size
    2,308,680 SF

    HighLights

    • Commercial zoning.
    • 1,600 feet of US Hwy 60 frontage.
    • Less than 4 miles to Loop 303 Freeway.
    • City supports residential, retail, and commercial development.
    • High‑growth area with significant surrounding development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.455307
    Latitude
    33.722293

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 60 Frontage
    Where is this land located?
    The property is located at Us Hwy 60 Surprise, AZ.
    What are key features of this property?
    This property features: Commercial zoning.; 1,600 feet of US Hwy 60 frontage.; Less than 4 miles to Loop 303 Freeway.
    (602) 615-1200
    Request Owner's contact information
    Us Hwy 60 Surprise, AZ 85374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Us Hwy 60 Surprise, AZ 85374
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