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Property profile & analytics
OFF-MARKET Estimated value $2,780,000
Strip malls

13794 Waddell Rd Surprise, AZ 85379-8499

10,490 SF 1.55 ac lot Built 2005
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US07-1889610
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE
Total area 10,490 SF
Lot 1.55 ac (67,395 SF)
Zoning code CC
APN 501-15-975
UPID US07-1889610
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
$2.92M
Blend (final) Blend
$2.78M
Owner & transaction history
Surprise Crossing Spe LLC · 10 yrs held
Surprise Crossing Spe LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
CC · Surprise, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.5M +6.5%
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