For Sale
$6,862,265

Litchfield Rd Peoria, AZ 85387

15 Acres Commercial/Industrial Land

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 15-acre parcel presents a compelling investment opportunity in the rapidly growing city of Surprise, Arizona. Located at the Northwest corner of Litchfield Road and Peoria Avenue, this property boasts a highly desirable Community Commercial zoning designation, offering significant development potential. Its strategic location provides easy access to major transportation arteries, including Loop 303 (3 miles), Northern Parkway (1.5 miles), I-10, Loop 101, and US 60, ensuring seamless connectivity throughout the region. The site's proximity to Luke Air Force Base (2 miles), a significant employment center projected to employ 13,900 by 2026, further enhances its value. Adding to its appeal is its location near Surprise Stadium (5 miles), home to the Kansas City Royals and Texas Rangers spring training, and its adjacency to the Southwest Railplex Corridor. The property is surrounded by established blue-chip corporate neighbors and thriving industrial developments, indicating a strong and stable market. Surprise itself is experiencing remarkable growth, with a current population nearing 155,000, an average household income of $83,042, and a median age of 41.2. This combination of strategic location, favorable zoning, and robust market dynamics makes this 15-acre land parcel an exceptional investment opportunity with significant long-term potential. The asking price is $6,862,265.

Highlights

  • 15-acre parcel in Surprise, AZ, at Litchfield Rd & Peoria Ave.
  • Community Commercial zoning allows for significant development.
  • Excellent access to Loop 303, Northern Parkway, I-10, Loop 101, and US 60.
  • Near Luke Air Force Base (2 miles) and Surprise Stadium (5 miles).
  • Surrounded by established businesses and industrial developments in a rapidly growing area.
  • Asking price: $6,862,265.

Property Details for 0 Litchfield Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
653,400 SF

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.580286813344
Longitude
-112.35910208793

FAQs

What type of property is this?
Land - 15 Acres Commercial/Industrial Land
Where is the land located?
The property is located at Litchfield Rd Peoria, AZ.
What is the asking price?
The asking price for this property is $6,862,265.
What are key features of this property?
This property features: 15-acre parcel in Surprise, AZ, at Litchfield Rd & Peoria Ave.; Community Commercial zoning allows for significant development.; Excellent access to Loop 303, Northern Parkway, I-10, Loop 101, and US 60.
How can I contact the broker?
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0 Litchfield Rd
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