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Peoria Ave - Peoria and Reems Land 51.16 Acres of Commercial Land Offered at $33,441,000 in Surprise, AZ 85379
INVESTMENT HIGHLIGHTS
- Prime 51-acre industrial parcel in high-growth Surprise, AZ
- PAD zoning with broad permitted uses including retail and office
- Ideal for manufacturing, logistics, and mixed-use development
- Excellent access to Loop 303, U.S. 60, and Northern Parkway
- Strong demographics with rising income and population trends
EXECUTIVE SUMMARY
Strategically positioned with excellent connectivity, the property provides quick access to major transportation corridors including Loop 303, U.S. Route 60, and Northern Parkway. This prime location ensures efficient logistics and commuter convenience, making it ideal for businesses seeking regional reach. The surrounding area boasts strong demographics: within five miles, the population exceeds 189,000 with an average household income of $86,795, projected to grow significantly by 2027. The city of Surprise is experiencing rapid economic expansion, creating a favorable environment for industrial and mixed-use development.
With an offering price of $33.44 million, this parcel represents a compelling investment for developers and syndicates aiming to capitalize on Arizona’s booming industrial market. Its size, zoning flexibility, and proximity to Phoenix position it as a cornerstone for future growth.
PROPERTY FACTS
| Price | $33,441,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 51.16 AC |
| Property Type | Land | ||
| Zoning | PAD - PAD-Planned Area Development | ||
| Price | $33,441,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 51.16 AC |
| Zoning | PAD - PAD-Planned Area Development |
1 LOT AVAILABLE
Lot
| Price | $33,441,000 | Lot Size | 51.16 AC |
| Price Per AC | $653,655.20 |
| Price | $33,441,000 |
| Price Per AC | $653,655.20 |
| Lot Size | 51.16 AC |
This listing is for Parcel ID 501-39-983 A,B,L,K
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $447,349 | Total Assessment | $447,349 |
PROPERTY TAXES
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Peoria Ave - Peoria and Reems Land
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