Current Use by Public Records
- Land
Property Details for 0 Litchfield Rd
- Lot size
- 15.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 15-acre parcel presents a compelling investment opportunity in the rapidly growing city of Surprise, Arizona. Located at the Northwest corner of Litchfield Road and Peoria Avenue, this property boasts a highly desirable Community Commercial zoning designation, offering significant development potential. Its strategic location provides easy access to major transportation arteries, including Loop 303 (3 miles), Northern Parkway (1.5 miles), I-10, Loop 101, and US 60, ensuring seamless connectivity throughout the region. The site's proximity to Luke Air Force Base (2 miles), a significant employment center projected to employ 13,900 by 2026, further enhances its value. Adding to its appeal is its location near Surprise Stadium (5 miles), home to the Kansas City Royals and Texas Rangers spring training, and its adjacency to the Southwest Railplex Corridor. The property is surrounded by established blue-chip corporate neighbors and thriving industrial developments, indicating a strong and stable market. Surprise itself is experiencing remarkable growth, with a current population nearing 155,000, an average household income of $83,042, and a median age of 41.2. This combination of strategic location, favorable zoning, and robust market dynamics makes this 15-acre land parcel an exceptional investment opportunity with significant long-term potential. The asking price is $6,862,265.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.359
- Latitude
- 33.5803
