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Property profile

219 Pinnacle Peak Rd Surprise, AZ 85387

OFF-MARKET
Land
80 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)

Cap rate & NOI

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

Location

219 Pinnacle Peak Rd Surprise, AZ 85387
Surprise metro
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Value estimations

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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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