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0Surprise, AZ 85379

Prime 13.95-acre commercial land, Surprise, AZ.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 13.95-acre commercial land parcel in Surprise, Arizona, presents a unique investment opportunity. Located west of the Northwest corner of Waddell Road and Cotton Lane, this property boasts a RU-43 zoning designation, allowing for various commercial developments. The seller has proactively addressed future infrastructure needs by dedicating land for Waddell Road widening, securing an agreement covering all associated costs, including offsite improvements, sidewalks, curbs and gutters, water retention systems, and traffic signals. This pre-arranged $2 million in improvements is factored into the listing price and transfers to the buyer upon closing, significantly reducing development costs and streamlining the acquisition process. The property's strategic location offers easy access to the Loop 303/Waddell Road diamond interchange (0.75 miles), placing it within a strong employment corridor and surrounded by high household incomes and millions of square feet of new retail development. The potential for assemblage with adjacent land could expand the total acreage to over 107 acres, further enhancing its development potential. This is a rare opportunity to acquire a prime commercial site with substantial pre-approved infrastructure improvements already in place. The APN is 502-01-018P, G, F. This property is ideal for developers and investors seeking a value-rich acquisition in a rapidly growing area.

Highlights

  • 13.95-acre commercial land parcel in Surprise, AZ, with RU-43 zoning.
  • 0.75 miles from the Loop 303/Waddell Road diamond interchange.
  • Strong employment corridor with high household incomes and millions of square feet of new retail development nearby.
  • Potential for assemblage with adjacent land, expanding to over 107 acres.
  • $2 million in pre-approved infrastructure improvements (road widening, utilities, etc.) included in the price.

Property Details

Property type
Land
Lot Size (sq. ft)
607,662 SF

Location Insight

City
Surprise
County
Maricopa
State
Arizona
Latitude
33.6071869
Longitude
-112.3933836
Surprise, Arizona

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