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Property profile

0 Lk Pleasant Pkwy & Pinnacle Peak Rd Surprise, AZ 85387

OFF-MARKET
Office Spaces
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a remarkable opportunity for development in the thriving North Peoria corridor, situated at the intersection of Lake Pleasant Parkway and Pinnacle Peak Road, in Maricopa County, Arizona (zip code 85387). The property is zoned C-1/O-1, allowing for a variety of commercial and office uses. Its strategic location benefits from the significant commercial and residential growth currently underway in the area, making it an ideal site for build-to-suit projects or immediate development. The high-traffic location on Lake Pleasant Parkway ensures excellent visibility and accessibility. This area is experiencing robust population expansion, with projections indicating a 10% increase by 2025, and a demographic profile featuring an average age exceeding 40. This translates to a strong and growing market for commercial ventures. The property's size and zoning provide ample flexibility for a range of development plans, catering to the needs of businesses seeking a prominent presence in this rapidly expanding region of Surprise, Arizona. This is a rare opportunity to capitalize on the burgeoning growth of North Peoria. The property is ready for immediate development or can be purchased for future use.

Property profile

Verified
Property type Office Spaces
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lk Pleasant Pkwy & Pinnacle Peak Rd Surprise, AZ 85387
Surprise metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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