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    Litchfield Rd Surprise, AZ 85379

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Land, High Traffic Area

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4-acre retail development opportunity boasts 600 feet of frontage along Waddell Road, offering excellent ingress and egress. Located at the intersection of Litchfield Road and Waddell Road, this site benefits from a stoplight at 137th Avenue and Waddell Road, ensuring high visibility and accessibility. The property includes a 1-acre parcel currently available as a pad site, ideal for a variety of retail uses. This location enjoys exceptional traffic counts, with Litchfield Road seeing 18,189 vehicles per day and Waddell Road recording 18,541 vehicles per day. The surrounding area is anchored by a strong mix of established businesses, including Safeway, Fry's, AMC Theatres, Walgreens, McDonald's, and Chase Bank, creating a vibrant and desirable retail environment. This site presents a unique chance to establish a presence in a high-traffic, well-established retail corridor. The multiple tenancy option allows for flexibility in development plans. This is a truly remarkable opportunity for investors seeking a prime location with significant growth potential. The available 1-acre pad site is ready for immediate development.

    Property Features for 0 Litchfield Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    PAD
    Size
    43,560 SF

    HighLights

    • Four‑acre retail land development opportunity.
    • 600 feet of frontage along Waddell Road.
    • Excellent ingress/egress.
    • Traffic signal at 137th Ave & Waddell Road.
    • One‑acre pad site available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.3592511
    Latitude
    33.606151

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Traffic Area
    Where is this land located?
    The property is located at Litchfield Rd Surprise, AZ.
    What are key features of this property?
    This property features: Four-acre retail land development opportunity.; 600 feet of frontage along Waddell Road.; Excellent ingress/egress.
    Request Owner's contact information
    Litchfield Rd Surprise, AZ 85379
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    Surprise, AZ 85379
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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
    Litchfield Rd Surprise, AZ 85379
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