Surprise, AZ 85379
- Land
- 13.95 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 13.95 lot acres
- Property type
- Land
Description
This exceptional 13.95-acre commercial land parcel in Surprise, Arizona, presents a unique investment opportunity. Located west of the Northwest corner of Waddell Road and Cotton Lane, this property boasts a RU-43 zoning designation, allowing for various commercial developments. The seller has proactively addressed future infrastructure needs by dedicating land for Waddell Road widening, securing an agreement covering all associated costs, including offsite improvements, sidewalks, curbs and gutters, water retention systems, and traffic signals. This pre-arranged $2 million in improvements is factored into the listing price and transfers to the buyer upon closing, significantly reducing development costs and streamlining the acquisition process. The property's strategic location offers easy access to the Loop 303/Waddell Road diamond interchange (0.75 miles), placing it within a strong employment corridor and surrounded by high household incomes and millions of square feet of new retail development. The potential for assemblage with adjacent land could expand the total acreage to over 107 acres, further enhancing its development potential. This is a rare opportunity to acquire a prime commercial site with substantial pre-approved infrastructure improvements already in place. The APN is 502-01-018P, G, F. This property is ideal for developers and investors seeking a value-rich acquisition in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.393
- Latitude
- 33.6072
