Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20164 S Sossaman Rd Queen Creek, AZ 85142
    Property profile & analytics

    20164 S Sossaman Rd Queen Creek, AZ 85142

    View on Map
    • Commercial real estate
    For Lease
    View Listing →
    Queen Creek Land Lease Opportunity For Lease
    Contact for pricing

    Queen Creek Land Lease Opportunity

    1-3 acre land lease in established residential neighborhood.

    20164 S Sossaman Rd, Queen Creek, AZ 85142
    View Listing
    Property ID
    US07-1891116
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Song of Life United Methodist Church / Church
    • I've Been Framed- Queen Creek Traffic Survival School / Training Center / Vocational School

    Property Details for 20164 S Sossaman Rd

    Property type
    Commercial real estate

    Description

    This exceptional residential land parcel, located at 20164 S Sossaman Rd, Queen Creek, Arizona, 85142, presents a unique development opportunity. The property, identified by APN 304-61-030J in Maricopa County, encompasses a generous area ranging from one to three acres. Zoned R-9, this single-tenant lot offers significant potential for a variety of residential projects. Its prime location in Queen Creek provides easy access to local amenities and services. The property's size allows for substantial flexibility in design and construction, catering to diverse residential needs. The latitude and longitude coordinates are 33.2655899, -111.6701156 respectively. This is a rare chance to acquire a sizable residential lot in a desirable Arizona location. The property is designated for residential use and is ready for development. Serious inquiries are encouraged to explore the possibilities this land presents. Further details regarding the exact acreage and specific development regulations are available upon request. Don't miss this chance to secure this prime piece of land in the thriving Queen Creek area. This property is offered as a single-tenant opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Queen Creek
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6701156
    Latitude
    33.2655899

    Comparable in this City

    • Contact for pricing
      3 SF

      Queen Creek Land Lease Opportunity

      1-3 acre land lease in established residential neighborhood.
      20164 S Sossaman Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Land for Rent in Queen Creek

      Commercial land available for rent in Queen Creek, Arizona.
      Swc Ellsworth Loop Rd & Rittenhouse Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing
      3,500 SF

      Queen Creek Retail Development Land

      Land available for ground lease in Queen Creek retail development.
      35702 N Ellsworth Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing
      33,000 SF

      Queen Creek Industrial Land Opportunity

      Land available for build to suit industrial or commercial use.
      22280-22330 S Scotland Ct, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Prime Land for Retail Development

      Land with high traffic, ideal for build-to-suit development.
      18551 S Ellsworth Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Commercial Land Near Queen Creek Schools

      Commercial land for rent near schools and LG Energy campus.
      19126 E Riggs Rd, Queen Creek, AZ 85142
      View Details

    Similar Nearby for Sale

    • $950,000

      Multifamily Land in Queen Creek

      Multifamily-zoned land on Power Road in a high-growth area.
      26311 S Power Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      2.72 acres of commercially zoned land in high-growth area.
      Nwc Ocotilo Rd & Hawes Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Queen Creek Land For Sale

      0.43 acre commercial land available in Queen Creek, Arizona.
      Sswc Of Ocotillo Rd. & Ellsworth Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Restaurant Pad with Lake Views

      Prime restaurant pad site with views of Pecan Lake.
      20660 E Riggs Rd, Queen Creek, AZ 85142
      View Details
    • $3,885,000
      3.85 Acres

      Queen Creek Acreage with Home

      3.85-acre property with home near Horseshoe Park & Equestrian Centre.
      20127 E Marsh Rd, Queen Creek, AZ 85142
      View Details
    • $1,000,000

      Land For Sale

      Land available east of Ocotillo, south of Scotland Ct.
      21755 E Mccowan Ln, Queen Creek, AZ 85142
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3 SF

      Queen Creek Land Lease Opportunity

      1-3 acre land lease in established residential neighborhood.
      20164 S Sossaman Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Land for Rent in Queen Creek

      Commercial land available for rent in Queen Creek, Arizona.
      Swc Ellsworth Loop Rd & Rittenhouse Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing
      3,500 SF

      Queen Creek Retail Development Land

      Land available for ground lease in Queen Creek retail development.
      35702 N Ellsworth Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing
      33,000 SF

      Queen Creek Industrial Land Opportunity

      Land available for build to suit industrial or commercial use.
      22280-22330 S Scotland Ct, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Prime Land for Retail Development

      Land with high traffic, ideal for build-to-suit development.
      18551 S Ellsworth Rd, Queen Creek, AZ 85142
      View Details
    • Contact for pricing

      Commercial Land Near Queen Creek Schools

      Commercial land for rent near schools and LG Energy campus.
      19126 E Riggs Rd, Queen Creek, AZ 85142
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20164 S Sossaman Rd
    Queen Creek, AZ 85142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    20164 S Sossaman Rd, Queen Creek, AZ, 85142
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!