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    Greenway & Litchfield Surprise, AZ 85379

    For Lease
    Contact for pricing

    40,755 SF Single-Tenant Land Parcel

    Lot size:
    40,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 40,755 square foot commercial land parcel presents a unique investment opportunity in the thriving city of Surprise, Arizona. Located at the intersection of Greenway and Litchfield Roads in Maricopa County, this single-tenant property offers significant potential for development or expansion. The expansive lot provides ample space for a variety of commercial uses, catering to businesses seeking a prominent location within a rapidly growing area. The property's strategic positioning ensures high visibility and easy access for customers and employees. With its convenient location and substantial size, this land parcel is ideally suited for businesses seeking to establish a strong presence in the heart of Surprise. The address is easily accessible from major roadways, providing excellent connectivity to the wider metropolitan area. This is a rare opportunity to acquire a significant commercial land holding in a dynamic and rapidly developing market. The property's size and location make it an attractive proposition for developers and businesses alike, offering the potential for substantial returns on investment. Detailed site plans and zoning information are available upon request. The zip code for this property is 85379. This is a single-tenant property. The property type is land, and the subtype is commercial.

    Property Features for 0 Greenway & Litchfield

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,755 SF

    Unit(s) available at that property

    Space
    Available pad A
    Size
    40,755 SF

    HighLights

    • 40,755 SF commercial land parcel in Surprise, AZ (85379).
    • High‑traffic area with nearby grocery stores, fast food, and other retail.
    • Attracts 1.5 million visitors annually for sports activities.
    • Across from a future 615‑acre mixed‑use civic center development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.36122511
    Latitude
    33.62371272

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    FAQs

    What type of property is this?
    Land - 40,755 SF Single-Tenant Land Parcel
    Where is this land located?
    The property is located at Greenway & Litchfield Surprise, AZ.
    What are key features of this property?
    This property features: 40,755 SF commercial land parcel in Surprise, AZ (85379).; High-traffic area with nearby grocery stores, fast food, and other retail.; Attracts 1.5 million visitors annually for sports activities.
    Request Owner's contact information
    Greenway & Litchfield 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
    Greenway & Litchfield Surprise, AZ 85379
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