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Property profile & analytics

12784 Litchfield Rd Surprise, AZ 85379

  • Commercial land
  • 9.83 lot acres
OFF-MARKET
Last Sale
Jan 31, 2022
$2,347,884
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US07-2197639
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 12784 Litchfield Rd

Lot size
9.83 lot acres
Zone code
PAD
Property type
Commercial land
APN
501-40-739
APU
50140739

Description

This exceptional 152,460 square foot commercial land parcel is situated at 12784 N Litchfield Rd, Surprise, AZ 85379 (APN: 501-40-739). Zoned C-1, C-2, Business Park, and I-1, this property presents a unique investment opportunity in a rapidly expanding area. The site benefits from its adjacency to the sold-out Marley Park master-planned community, boasting an average household income of $119,669 and a demographic of young families. Litchfield Road is experiencing explosive growth, with over 5 million square feet of industrial space currently under construction or planned, generating an anticipated 4,000+ new jobs within three years. This surge in employment, coupled with the existing affluent residential population, creates a significant underserviced market for retail, restaurants, entertainment, medical facilities, and office space. The property enjoys a full signalized intersection, excellent access to freeways (including proximity to Loop 303 and the Northern Parkway), and is conveniently located near Luke Air Force Base and within a 30-minute drive of TSMC. With over 1 million people within a 30-minute drive and a 488,300-person workforce within the same radius, this location offers unparalleled access to a substantial consumer base. Furthermore, the property's location within one day's delivery zone of Southern California ports adds to its strategic appeal. Traffic counts on Litchfield Road have increased by 23% in the past year, highlighting the area's dynamic growth trajectory. This is an exceptional opportunity to capitalize on the burgeoning commercial development in South Surprise.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Surprise
County
Maricopa
State
Arizona
Longitude
-112.36
Latitude
33.6009
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,320
$0.00
$0.00
$249,915
-
$1,666,100
$0.00
$1,666,100
More about this property
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