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Property profile & analytics
OFF-MARKET
Land

0 Waddell Rd & Reems Rd Surprise, AZ 85379

1.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.51-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Surprise, Arizona. Located at the Northwest corner of Waddell Road and Reems Road, this property boasts a highly desirable CC zoning designation, opening doors to a wide range of commercial development possibilities. The strategic location ensures high visibility and accessibility, benefiting from proximity to major thoroughfares and a robust concentration of established businesses. Neighboring tenants include prominent national brands such as AutoZone, Christian Brothers Automotive, Walgreens, Wells Fargo, Bashas', Chevron, Baskin Robbins, Little Caesars, Subway, Jack in the Box, and MidFirst Bank, creating a strong and diverse commercial environment. Furthermore, the property's advantageous position is approximately 1.5 miles from AZ State Route 303 and the newly developed Prasada Power Center, anchored by major retailers like Costco, Sprouts, Ross, and HomeGoods. This strategic location within a rapidly growing area offers significant potential for substantial returns on investment. The substantial lot size of approximately 65,817 square feet provides ample space for a variety of development projects, catering to diverse business needs and maximizing investment potential. This is a rare opportunity to acquire a prime commercial land parcel in a high-demand location with exceptional visibility and access. Don't miss this chance to secure a piece of Surprise's vibrant commercial landscape. The property is situated in Maricopa County, Arizona, with a zip code of 85379.

Property profile
Verified
Property type Land
Lot 1.51 ac (65,776 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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