12784 N Litchfield Rd, Surprise, AZ 85379
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PAD · Surprise, AZSurprise. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.