Peoria Ave - Commercial LAND FOR SALE


Surprise, AZ 85379 2,228,530 SF
$33,441,000 USD
623-850-2330
Peoria Ave, Surprise, AZ for Sale
$33,441,000 USD
Commercial LAND - FOR SALE
1/2
2,228,530 SF

Peoria Ave
Surprise, AZ 85379


OVERVIEW

What an opportunity for commercial development in the fast-growing city of Surprise, AZ, about 45 minutes northwest of Phoenix. This 51.16-acre parcel has so much potential! Located in the neighborhood of Rancho Gabriela, the parcel is zoned for industrial use. The Planned Area Development (PAD) regulations allow for a building up to 35 feet high, with setbacks ranging from 3 to 35 feet. The industrial PAD was created to provide space for limited manufacturing, processing, warehousing and other similar indoor (and some outdoor) uses. The “Permitted Use” list includes more than 30 businesses that could potentially gain approval to operate within the PAD. Examples include a manufacturing plant (there are two across the street), restaurants, retail commercial operations, research development & testing laboratories, office space and a gas station. Within a five-mile radius of Surprise, the population’s median age is 37 years old with an average household income of $86K. In five years, both the population and incomes are expected to grow. Any business at this location would have easy access to the 303, Rt. 60 and the Northern Pkwy. This is a great time to bring your real estate syndicate to Surprise, Arizona to create a profitable business.

FOR SALE DETAILS

PRICE

$33,441,000 USD

PRICE/ACRE

$653,655/AC

PRICE/SF

$15 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Peoria and Reems Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial

LAND ACRES

51.16 AC

LAND SF

2,228,530 SF

OFFSITE IMPROVEMENTS

-

ZONING

PAD

APN/PARCEL ID

501-39-983

ASK ABOUT THIS PROPERTY

Gina FaithGina Faith RealtyMore Info
623-850-2330

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Gina FaithGina Faith RealtyMore Info
623-850-2330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.