219 Pinnacle Peak Rd Surprise, AZ 85387
Exceptional 80-acre land parcel presents a unique investment opportunity in Surprise, Arizona. Located at the northeast corner of 219th Avenue and West Pinnacle Peak Road, this property is zoned RR Rural Residential, offering significant potential for future development. The asking price is $960,000, translating to $12,000 per acre. The land is situated 2.5 miles north of the Sun Valley Parkway along 219th Avenue and 7 miles west of the 303 freeway, providing convenient access to major transportation routes. Nearby developments include Sun City Festival Ranch and North Copper Canyon, indicating a growing residential market. The property's proximity to the Volvo Proving Grounds and south of Luke Air Force Base Auxiliary 1 adds to its strategic location. A portion of the land falls within a 65 DNL (Day-Night Noise Level) area. The area's General Plan anticipates future rezoning to an employment-based zoning district, suggesting strong potential for commercial or mixed-use development. Note that some areas of the property are located within a floodplain. The Assessor's Parcel Number (APN) is 503-81-024. This substantial acreage offers developers a rare chance to capitalize on the burgeoning growth in Surprise, Arizona.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.