SOUTHEAST OF 239TH AVENUE & FRONTIER

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SOUTHEAST OF 239TH AVENUE & FRONTIER

Surprise, AZ 85387
Asking Price
$493K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 30.79 acres for development
  • Located at the intersection of 239th Avenue and Frontier
  • Asking price for this Surprise property is $492,640
  • Suitable site for master-planned residential housing communities
  • Positioned within a growing residential corridor in Arizona

What's Special

Residential development serves as the primary use case for this 30.79-acre parcel located southeast of 239th Avenue and Frontier in Surprise, Arizona. Situated in a region experiencing steady population growth and suburban expansion within the Greater Phoenix metro area, this site provides significant acreage for large-scale housing projects. The property benefits from the ongoing infrastructure development characterizing the northwestern edge of the Valley, which continues to attract residential investment due to its proximity to regional transit corridors and expanding community services. Prospective developers and investors will find this land parcel suitable for master-planned community projects or customizable subdivision layouts tailored to meet current market demands in the West Valley. Its scale allows for flexible site planning, accommodating various density levels ranging from single-family residential tracts to multi-phased housing developments. This location captures the trajectory of local growth while maintaining a footprint that supports long-term land banking or immediate entitlement pursuit for residential construction in a high-demand Arizona submarket.

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NOI
$80,000
Cap Rate
16.24%
DSCR
2.74
Strong
Cash-on-Cash
34.34%
Monthly Payment
$2,437.314
Annual Cash Flow
$50,752.233

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