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    13926 Bell Rd Surprise, AZ 85374

    For Sale
    $2,050,000

    Vacant Bank, Redevelopment Opportunity

    Property size:
    4,722 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 4,722 square foot bank building, located at 13926 W Bell Rd in Surprise, Arizona (zip code 85374), presents a compelling redevelopment opportunity. Built in 2004, the property sits on a sizable 47,708 square foot lot and offers a Net Rentable Area of 4,722 square feet. Currently vacant, this single-tenant property is available for sale at $2,050,000, translating to a price per square foot of $434.14. The property's pro-forma NOI is $165,000, projecting an attractive 8.05% cap rate. The lease type is NNN, offering potential investors a straightforward and potentially lucrative investment. The building's location in Maricopa County, Arizona, provides excellent access to a growing community. This is an ideal opportunity for investors seeking a high-return, redevelopment project in a desirable location. The property's size and layout offer significant flexibility for adaptive reuse, catering to a variety of potential uses. The substantial lot size also provides ample space for future expansion or additional development. This turnkey property is ready for its next chapter, offering a unique chance to capitalize on a prime location and strong market potential.

    Property Features for 13926 Bell Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,722 SF

    Building Details

    Year Built
    2004

    HighLights

    • $2,050,000 asking price for a vacant retail bank building.
    • 4,722 square foot building on a 47,708 square foot lot in Surprise, Arizona.
    • NNN lease type, single tenant, suitable for redevelopment.
    • Pro forma cap rate of 8.05% and pro forma NOI of $165,000.
    • Built in 2004, priced at $434.14 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.35980788
    Latitude
    33.64014323

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Bank, Redevelopment Opportunity
    Where is this individual retail property located?
    The property is located at 13926 Bell Rd Surprise, AZ.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: $2,050,000 asking price for a vacant retail bank building.; 4,722 square foot building on a 47,708 square foot lot in Surprise, Arizona.; NNN lease type, single tenant, suitable for redevelopment.
    Request Owner's contact information
    13926 Bell Rd Surprise, AZ 85374
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    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
    13926 Bell Rd Surprise, AZ 85374
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