Property profile

19194 W Gordon Way Wittmann, AZ 85361

FOR SALE
Bars & Pubs
Property ID
US07-2169133
3,000 SF 1.11 ac lot Built 2007
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 32-acre parcel is ideally situated in Surprise, Arizona, offering unparalleled commercial development potential. Located in a high-growth corridor, the property boasts convenient access to US Highway 60, providing multiple points of ingress and egress for easy transportation. It's also within approximately five miles of the Loop 303 freeway, ensuring seamless connectivity to major transportation arteries. The land is zoned for commercial use (previously C-3), allowing for a wide range of development options. Existing infrastructure includes readily available electricity. The property's address is 19194 W Gordon Way, Wittmann, AZ 85361, within Maricopa County. The parcel's size and strategic location make it an attractive investment opportunity for developers seeking to capitalize on the area's robust economic growth. The APN is 503-51-076A. This versatile land is suitable for a variety of commercial and industrial uses, presenting a unique chance to build in a thriving area. The property's location offers excellent visibility and accessibility, making it an ideal site for a wide range of commercial ventures.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 2007
Construction CONCRETE
Total area 3,000 SF
Lot 1.11 ac (48,175 SF)
Zoning code C-C
APN 503-51-038B
UPID US07-2169133

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19194 W Gordon Way Wittmann, AZ 85361
Wittmann metro Census 40540 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$994k
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
4 recorded transactions
2024
$1.0M
2009
$725,000
2009
$850,000
2007
Price N/A

Zoning & alternative use

C-C · Wittmann, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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