24423 185th Ave Surprise, AZ 85387-9633
This exceptional 3.72-acre commercial land parcel presents a remarkable development opportunity in Surprise, Arizona. Strategically located on North 185th Avenue, the property boasts significant highway frontage along Grand Avenue (US 60), a major thoroughfare with a high traffic volume. The 2018 Annual Average Daily Traffic (AADT) count was recorded at 20,600 vehicles per day, ensuring substantial visibility and accessibility for any future development. The property's Assessed Parcel Number (APN) is 503-73-028U. Preliminary discussions with city staff have indicated support for retail condominium development, suggesting a viable path for potential projects. This prime location in Maricopa County, Arizona, offers exceptional potential for businesses seeking high visibility and convenient access to a bustling transportation corridor. The zip code for this property is 85387. The coordinates are 33.691929 latitude and -112.419872 longitude. This land presents a unique chance to capitalize on a high-traffic area and create a thriving commercial venture. Serious inquiries are encouraged to explore the possibilities of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1-43 · Surprise, AZCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.