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Happy Valley Rd 7.52 Acres of Commercial Land Offered at $3,950,000 in Surprise, AZ 85387
INVESTMENT HIGHLIGHTS
- Quick and Easy Access to Loop 303 Freeway & Route 60
- ±660 feet of frontage on West Happy Valley Road
- Rapidly Growing Residential Area
EXECUTIVE SUMMARY
Perk Prop is pleased to present an exclusive offering of approximately ±7.59 acres of vacant land at the southwest corner of West Happy Valley Road and North 157th Avenue alignment. The property is located in the fast-growing Rancho Mercado area of Northwest Surprise.
The property is surrounded by emerging single-family developments, featuring prominent homebuilders such as Lennar (Asante), William Lyon Homes, Homes by Towne, Taylor Morrison, Fulton Homes, Centex Homes, Ashton Woods, Richmond American Homes, Pulte Homes, KB Homes, Courtland Communities and Shea Homes, actively constructing or planning residences in the vicinity.
Currently zoned as Residential Ranch (RR) by the City of Surprise, the property aligns with the City's General Plan, designating it within a Neighborhood Character Area. This designation allows for medium-density residential development, as well as potential C-1 and C-2 Commercial zoning, providing a versatile canvas for prospective investors.
The property is surrounded by emerging single-family developments, featuring prominent homebuilders such as Lennar (Asante), William Lyon Homes, Homes by Towne, Taylor Morrison, Fulton Homes, Centex Homes, Ashton Woods, Richmond American Homes, Pulte Homes, KB Homes, Courtland Communities and Shea Homes, actively constructing or planning residences in the vicinity.
Currently zoned as Residential Ranch (RR) by the City of Surprise, the property aligns with the City's General Plan, designating it within a Neighborhood Character Area. This designation allows for medium-density residential development, as well as potential C-1 and C-2 Commercial zoning, providing a versatile canvas for prospective investors.
PROPERTY FACTS
| Price | $3,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.52 AC |
| Property Type | Land | ||
| Zoning | PAD - Residential Ranch | ||
| Price | $3,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.52 AC |
| Zoning | PAD - Residential Ranch |
1 LOT AVAILABLE
Lot
| Price | $3,950,000 | Lot Size | 7.52 AC |
| Price Per AC | $525,265.96 |
| Price | $3,950,000 |
| Price Per AC | $525,265.96 |
| Lot Size | 7.52 AC |
SWC OF W. HAPPY VALLEY RD. & N. 157TH AVE. ALIGNMENT Zoning: Currently zoned as Residential Ranch by the City of Surprise
DESCRIPTION
7.59 Acres of Land Proposed to provide 132 Unit mix varying from Studio to 3 Bedrooms. Currently re-zoning process for positioning for 75 townhomes. Water/Sewer Services from the City of Surprise ±660 feet of frontage on West Happy Valley Road ±400 feet for frontage on the North 157th Avenue
PROPERTY TAXES
| Parcel Number | 503-58-975 | Improvements Assessment | $0 |
| Land Assessment | $9,254 | Total Assessment | $9,254 |
PROPERTY TAXES
Parcel Number
503-58-975
Land Assessment
$9,254
Improvements Assessment
$0
Total Assessment
$9,254
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Happy Valley Rd
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