12838 Paradise Ln Surprise, AZ 85378
- Land
- 3.36 lot acres
Current Use by Public Records
- Land
Property Details for 12838 Paradise Ln
- Lot size
- 3.36 lot acres
- Property type
- Land
Description
This exceptional 3.36-acre land parcel in Surprise, Arizona, presents a prime opportunity for the development of a 52-unit townhome community. The property, located at 12838 W Paradise Ln, Surprise, AZ 85378 (APN 501-18-068P), is offered at $2,080,000 fee simple. It boasts full approvals and is ready for immediate development, eliminating lengthy permitting processes. Situated within the Surprise Heritage District, this site benefits from its location in both a Qualified Opportunity Zone (QOZ) and a designated Downtown Development Area (DDA) and Qualified Census Tract (QCT), potentially offering significant tax advantages. The strategic location provides convenient access to major transportation arteries, including US-60, Loop 101, and Loop 303, ensuring excellent connectivity for future residents. The SHD-RO zoning designation in Maricopa County supports the proposed townhome development. This is a rare opportunity to acquire a fully permitted site in a high-growth area, poised for immediate construction and strong returns. Don't miss this chance to capitalize on the thriving Surprise real estate market.
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
- -112.337
- Latitude
- 33.6316
