13794 Waddell Rd, Surprise, AZ 85379-8499
- Strip malls
- 10,490 SF
- 1.55 lot acres
Current Use by Public Records
- Strip malls
Property Details for 13794 Waddell Rd
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 1.55 lot acres
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 501-15-975
- APU
- 50115975
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 2, 2015 | — | Surprise Crossing Spe LLC | Surprise Crossing LLC | Special Warranty Deed | $5.9M · Goldman Sachs Mortgage Company |
Description
This exceptional retail opportunity in Surprise, Arizona, presents two buildable pads ideally suited for various commercial ventures. Located at 13794 W Waddell Rd, in Maricopa County, this property offers a flexible range of sizes, accommodating businesses needing between 10,000 and 25,000 square feet. The total buildable area across both pads encompasses 23,410 square feet, providing ample space for expansion or multi-tenant development. The lot sizes are equally versatile, ranging from 10,000 to 25,000 square feet, allowing for customized site planning. The property is classified as retail land with multiple tenancy options, making it an attractive investment for developers or businesses seeking a strategic location in a thriving market. The address is conveniently situated in Surprise, AZ, zip code 85379, offering excellent visibility and accessibility. Currently, existing retail space on the site is 100% leased, demonstrating strong market demand in the area. This presents a unique opportunity to capitalize on the existing success and build upon the established commercial presence. The property's location in Maricopa County provides access to a robust infrastructure and a growing consumer base. This is a rare chance to acquire prime retail land in a desirable location with significant potential for future growth and profitability.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,922,000
- AI Estimate
- $2,639,000
Market price range: $1.39M - $6.07MMarket price range: $1.13M - $5.59M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,315,000 Current use
- RETAIL STORES
- $3,530,000 Change: +7% Conversion: Easy
- MEDICAL BUILDING
- $2,670,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.357
- Latitude
- 33.6105
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
