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    140Th Dr Surprise, AZ 85379

    For Sale
    Contact for pricing

    4-Acre Commercial Restaurant Site in AZ

    Property size:
    40,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4-acre commercial property in Surprise, Arizona, presents a unique investment opportunity. Zoned PAD, it offers 40,755 square feet of net rentable space, ideal for a restaurant or mixed-use development. The location boasts high visibility and accessibility, situated across the street from the planned 615-acre Surprise Civic Center mixed-use development, promising significant future growth and increased foot traffic. The site benefits from its proximity to a thriving retail corridor, including high-volume grocery stores and fast-food establishments within a one-mile radius, ensuring a strong customer base. Surprise attracts over 1.5 million visitors annually for various sporting events, further enhancing the area's economic vitality and potential for high returns. This prime location in Maricopa County, with its convenient access and strong demographics, makes this a compelling investment prospect for discerning buyers seeking a high-growth market. The property's 85379 zip code and strategic placement along N 140th Dr provide excellent exposure and easy access for customers and employees. This is a rare chance to acquire a substantial parcel of land in a rapidly developing area with significant potential for long-term appreciation.

    Property Features for 0 140Th Dr

    General Information

    Property type
    Restaurants
    Square Feet
    40,755 SF
    Lot Size
    174,240 SF

    HighLights

    • 4‑acre land parcel suitable for mixed‑use development, including restaurant and retail uses.
    • 40,755 square feet of net rentable space available.
    • Located in a high‑traffic area with strong retail presence within one mile.
    • High annual visitation due to nearby sports activities (1.5 million visitors).
    • Across the street from a planned 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
    -112.36101273216
    Latitude
    33.623679963184

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    FAQs

    What type of property is this?
    Restaurant - 4-Acre Commercial Restaurant Site in AZ
    Where is this restaurant located?
    The property is located at 140Th Dr Surprise, AZ.
    What are key features of this property?
    This property features: 4-acre land parcel suitable for mixed-use development, including restaurant and retail uses.; 40,755 square feet of net rentable space available.; Located in a high-traffic area with strong retail presence within one mile.
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    140Th Dr 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
    140Th Dr Surprise, AZ 85379
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