0 Smt Way Peoria, AZ 85379
This exceptional 15.88-acre parcel of fully entitled, shovel-ready industrial land presents a unique development opportunity in the thriving Summit Business Park, El Mirage, Arizona (zip code 85379). Located in Maricopa County, this property offers the potential to develop approximately 208,076 square feet of Class A industrial space. The land is priced at $11-$12 per square foot. The site boasts convenient access to major transportation arteries, including Northern Parkway, Loop 303, Loop 101, and US-60, providing easy connectivity to a substantial market of approximately 2.8 million people within a 25-mile radius. Summit Business Park is a master-planned community with readily available utilities, including water, sewer, power, and telecommunications. The property benefits from its location within a Foreign Trade Zone (FTZ) and enjoys proximity to established corporate neighbors such as Amazon, Trimaco, Expeditors, Carvana, and Crescent Crown Distribution. Furthermore, the site is approximately 15 miles from a planned 4,000-acre BNSF Intermodal facility. The City of Surprise actively supports business development with initiatives like a 5-Day Building Permit Program and various other incentives. This is a rare opportunity to acquire a highly desirable, fully prepared industrial site in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.