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12784 Litchfield RdSurprise, AZ 85379

Prime South Surprise location, high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 152,460 square foot commercial land parcel is situated at 12784 N Litchfield Rd, Surprise, AZ 85379 (APN: 501-40-739). Zoned C-1, C-2, Business Park, and I-1, this property presents a unique investment opportunity in a rapidly expanding area. The site benefits from its adjacency to the sold-out Marley Park master-planned community, boasting an average household income of $119,669 and a demographic of young families. Litchfield Road is experiencing explosive growth, with over 5 million square feet of industrial space currently under construction or planned, generating an anticipated 4,000+ new jobs within three years. This surge in employment, coupled with the existing affluent residential population, creates a significant underserviced market for retail, restaurants, entertainment, medical facilities, and office space. The property enjoys a full signalized intersection, excellent access to freeways (including proximity to Loop 303 and the Northern Parkway), and is conveniently located near Luke Air Force Base and within a 30-minute drive of TSMC. With over 1 million people within a 30-minute drive and a 488,300-person workforce within the same radius, this location offers unparalleled access to a substantial consumer base. Furthermore, the property's location within one day's delivery zone of Southern California ports adds to its strategic appeal. Traffic counts on Litchfield Road have increased by 23% in the past year, highlighting the area's dynamic growth trajectory. This is an exceptional opportunity to capitalize on the burgeoning commercial development in South Surprise.

Highlights

  • Over 5M SF of industrial space under construction/planned, creating 4,000+ new jobs within 3 years.
  • Litchfield Road traffic increased 23% in 2023.
  • Adjacent to Marley Park, a master-planned community with $119,669 average household income and young families.
  • Underserved market for retail, restaurants, entertainment, medical, and office uses.
  • Full signalized intersection with access to freeways, new jobs, residential areas, schools, parks, and apartments; near Luke AFB and a 30-minute drive to TSMC. Next retail hub at Camelback Road, 6 miles south.
  • 1M+ population within a 30-minute drive.

Property Details for 12784 Litchfield Rd

Property type
Land

Location Insight

City
Surprise
County
Maricopa
State
Arizona
Latitude
33.601902634166
Longitude
-112.36050876326
12784 Litchfield Rd, Surprise, Arizona

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12784 Litchfield Rd
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