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Property profile & analytics
FOR LEASE
Industrial land
13401 W Sweetwater Ave Surprise, AZ 85379
Entity Owned
~
Est. High Equity
Property ID
US07-1967922
For Lease
1 / 2
Contact for pricing
13401 W Sweetwater Ave, Surprise, AZ 85379
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
46.25 ac (2,014,856 SF)
Zoning code
I-2
APN
501-38-987
UPID
US07-1967922
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arizona Surprise Green LLC
Arizona Surprise Green LLC
since 2026
7 recorded transactions
Zoning & alternative use
I-2 · Surprise, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
al C-3 General commercial CR Regional commercial C-3 Regional commercial C-RS Resort commercial MU-3 Mixed use resort BP Business park BP Business park I-1 Light industrial IP Industrial performance I-1 Light industrial I-2 Heavy industrial IG Industrial general I-2 General industrial I-3 Landfill and mineral extraction ILM Industrial land mineral extraction…
Zone name
Industrial General
General category
INDUSTRIAL
Zone area
454.52 ac
Source
municipal code
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Surprise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surprise submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,495
Tax year 2023
Assessed value
$1,050,240
Assessed 2024
Previous assessed
$643,215
+63.3% YoY
Effective rate
3.19%
On assessed value
Land market value
$7,001,600
Total market value
$7,001,600
Applied tax rate
891,502.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Lease
Heating
NONE
Lot
46.25 ac (2,014,856 SF)
Zoning code
I-2
APN
501-38-987
UPID
US07-1967922
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Surprise, AZZoning I-2 · permitted uses
I-2 · Surprise, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
al C-3 General commercial CR Regional commercial C-3 Regional commercial C-RS Resort commercial MU-3 Mixed use resort BP Business park BP Business park I-1 Light industrial IP Industrial performance I-1 Light industrial I-2 Heavy industrial IG Industrial general I-2 General industrial I-3 Landfill and mineral extraction ILM Industrial land mineral extraction I-3 Heavy industrial GU Governmental use PF Public facilities PF Public facilities
Zone name
Industrial General
General category
INDUSTRIAL
Zone area
454.52 ac
Source
municipal code
Building & site characteristics
From public records
Heating
NONE
Lot
46.25 ac
Current owner
From public records · entity-resolved
Arizona Surprise Green LLC
Entity
Mailing address
4851 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75244-6036
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2026
$63,887,560
Arizona Surprise Green LLC
Rpc Mohr West Summit LLC
Special Warranty Deed
$63,520,000 · Wellsfargobankna
Apr 25, 2023
—
Rpc Mohr West Summit LLC
Mohr Surprise LLC
Special Warranty Deed
$48,700,000 · Umpqua Bank
Jan 27, 2022
—
Mohr Surprise LLC
—
Deed
related
$9,494,550 · Origin Bank
Jan 4, 2022
$14,611,420
Mohr Surprise LLC
Capital Viii LLC
Special Warranty Deed
$14,511,420 · Capital Viii LLC
Nov 23, 2015
$3,121,074
Capital Viii LLC
Bre West Mixed Asset Owner
Grant Deed
—
Jul 22, 2015
$10,140,000
Bre West Mixed Asset Owner
Leeward Strategic Props In
Grant Deed
—
Sep 28, 2011
—
Leeward Strategic Props INC
Pccp Cs Ch Surprise LLC
Deed In Lieu Of Foreclosure
related
—
Apr 11, 2008
—
Pccp Cs Ch Surprise LLC
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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