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    Property profile & analytics

    15357 Cactus Rd Surprise, AZ 85379-6345

    • Outlet malls
    • 88,783 SF
    • 9.10 lot acres
    OFF-MARKET
    Value Estimation
    $5,790,000
    Last Sale
    Aug 03, 2023
    $5,700,000
    Location Intelligence
    Property ID
    US07-1132979
    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

    • Outlet malls

    Property Details for 15357 Cactus Rd

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    9.10 lot acres
    Property size
    88,783 SF
    Zone code
    PAD
    Property type
    Outlet malls
    APN
    501-97-636
    APU
    50197636

    Description

    This exceptional retail property, located at 15357 Cactus Rd, Surprise, AZ 85379, offers a substantial 89,121 square feet of restaurant space on a 9.1-acre lot. The building is divisible, providing flexibility for various business needs. Its strategic location offers unparalleled access to major traffic generators, including the Surprise Stadium, Surprise Community Park, and the city's municipal complex. Less than five minutes from a Loop 303 full-diamond interchange (seeing over 68,000 vehicles per day), this property benefits from easy freeway access. The surrounding area is experiencing rapid growth, with multiple master-planned communities such as Marley Park (approximately 3,200 units), Rancho Gabriela (approximately 2,329 units), and Greer Ranch North (approximately 1,624 units) adding to the robust market. The property's proximity to key high schools, including Valley Vista (2,653 students), Shadow Ridge (2,194 students), Willow Canyon (1,983 students), and Paradise Honors (2,194 students), further enhances its appeal. This presents a unique opportunity to establish a thriving business in a high-growth area with excellent visibility and accessibility.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,170,000
      6.5%
      $6,290,000
      7%
      $5,715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,750,000
      Geo Method
      $5,720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,090,000
      Retail
      $6,085,000
      Mixed-Use
      $5,515,000
      Hospitality
      $4,915,000
      Educational
      $6,300,000
      Residential Income
      $6,410,000
      Energy
      $5,390,000
      Income-Based Land
      $5,375,000
      Food Service
      $5,520,000

    Location Insight

    • Map
    • Local Demand
    City
    Surprise
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.391
    Latitude
    33.5937
    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
    $174,225
    $0.00
    $0.00
    $2,338,346
    -
    $3,756,200
    $10,415,592
    $14,171,792

    Comparable in this City

    • Value Estimation
      $6,125,000
      22,980 SF

      12043 Reems Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 22,980 SF
      12043 Reems Rd, Surprise, AZ 85379
      View Details
    • Value Estimation
      $370,000
      28,000 SF

      13724 Waddell Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 28,000 SF
      13724 Waddell Rd, Surprise, AZ 85379-8437
      View Details
    • Value Estimation by Request
      7,082 SF

      13968 Waddell Rd

      SHOPPING CENTER, STRIP CENTER • 7,082 SF
      13968 Waddell Rd, Surprise, AZ 85379-8718
      View Details
    • Value Estimation by Request
      27,198 SF

      14763 Cactus Rd

      SHOPPING CENTER, STRIP CENTER • 27,198 SF
      14763 Cactus Rd, Surprise, AZ 85379-7267
      View Details
    • Value Estimation by Request
      17,390 SF

      12100 Dysart Rd

      SHOPPING CENTER, STRIP CENTER • 17,390 SF
      12100 Dysart Rd, Surprise, AZ 85379-3308
      View Details
    • Value Estimation by Request
      6,455 SF

      13681 Litchfield Rd

      SHOPPING CENTER, STRIP CENTER • 6,455 SF
      13681 Litchfield Rd, Surprise, AZ 85379-4270
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.00 Acres

      Surprise Restaurant Land Opportunity

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      Cactus & Reems Retail Pad

      Shovel-ready retail pad site with drive-thru in Surprise, AZ.
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      Buildable Pads with Drive-Thru

      Two pads available for ground lease or build-to-suit.
      14741 W Cactus Rd, Surprise, AZ 85379
      View Details
    • $449,950
      1.71 Acres

      Land Parcel in Growing Surprise

      1.71-acre parcel ready for custom home in Surprise, AZ.
      147TH Parcel 503-53-995 Ave, Surprise, AZ 85379
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    • $13,354,200
      59,352 SF

      Warehouse/Distribution Building on 5.7 Acres

      59,352 SF warehouse/distribution building with fenced truck court.
      11860 N Dysart Rd, Surprise, AZ 85379
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      392,000 SF

      Power Center Retail Space Available

      Retail spaces available in power center off Loop 303.
      303 Sec Waddell Rd & Loop, Surprise, AZ 85379
      View Details
    • Contact for pricing
      2 SF

      Retail Pads Near 303 Freeway

      Retail pads available near the 303 Freeway.
      15433 W Cactus Rd, Sun City, AZ 85379
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Surprise, AZ

      Retail space available in Surprise, Arizona at prominent intersection.
      13856 W Waddell Rd, Surprise, AZ 85379
      View Details
    • Contact for pricing
      6,507 SF

      Retail Space Near Movie Theater

      Retail space available near AMC Movie Theatres and Uptown Alley.
      13621 N Litchfield Rd, Surprise, AZ 85379
      View Details
    • Contact for pricing
      10,710 SF

      Retail Opportunity in Surprise, Arizona

      Mixed-use development opportunity for retail, dining, and entertainment concepts.
      13888 N 162Nd Ln, Surprise, AZ 85379
      View Details
    • Contact for pricing
      3,375 SF

      Retail Space in Surprise Center

      Retail space for lease in a mixed-use commercial development.
      13601 N Litchfield Rd, Surprise, AZ 85379
      View Details
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    15357 Cactus Rd
    Surprise, AZ 85379-6345
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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