227th Ln Surprise, AZ 85378
- Land
- 9.11 lot acres
Current Use by Public Records
- Land
Property Details for 227th Ln
- Lot size
- 9.11 lot acres
- Property type
- Land
Description
This exceptional 9.11-acre parcel presents a unique investment opportunity in the rapidly growing Surprise, Arizona market. Located off Sun Valley Parkway and 219th Avenue, this property enjoys a prime position adjacent to the thriving Mesquite Mountain Ranch housing development and is surrounded by other promising residential projects. The land is conveniently accessed via 227th Lane and is entirely level, simplifying development plans. The property boasts significant advantages, including readily available city water and sewer services, eliminating infrastructure concerns. Furthermore, its location outside designated flood zones ensures peace of mind for future development. The asking price is $850,000, translating to approximately $109,769.48 per acre. This represents a compelling value proposition considering the property's location, size, and the robust real estate market in the area. The proximity to existing amenities and the availability of similar parcels for comparison further enhance its appeal to discerning investors and developers seeking a strategic land acquisition in a high-growth region. The property's APN is 503-80-003-Q. Zoned for single-family residential use, this land offers significant potential for a variety of residential development projects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.316
- Latitude
- 33.6378
