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