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Property profile & analytics
OFF-MARKET
Land

60 Us Hwy Surprise, AZ 85374

53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 53-acre parcel presents a unique investment opportunity in the rapidly growing Surprise, Arizona area. Strategically located on US Highway 60, this property boasts an impressive 1,600 feet of highway frontage, ensuring high visibility and accessibility. The land is zoned Commercial, providing flexibility for a wide range of development possibilities. Its proximity to Loop 303 Freeway (less than four miles) further enhances its strategic location, providing easy access to major transportation arteries. The city of Surprise actively supports residential, retail, and commercial development, making this a prime location to capitalize on the area's explosive growth. The property's APN is 503-73-018C. This expansive tract offers significant potential for developers seeking to establish a substantial presence in a thriving market. The surrounding area is experiencing a surge in development, indicating a strong upward trajectory for property values. This is a rare opportunity to acquire a large, commercially zoned parcel in a high-growth area with excellent highway visibility. The property is situated in Maricopa County, Arizona, with a Surprise, AZ mailing address and zip code of 85374. The coordinates are 33.722293 latitude and -112.455307 longitude. The property is also suitable for residential development, given its dual Commercial/Residential subtype.

Property profile
Verified
Property type Land
Lot 53 ac (2,308,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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