31818 North 203rd Avenue

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31818 North 203rd Avenue

Surprise, AZ 85387
Asking Price
$9.85M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Large commercial land tract spanning 40 acres in Surprise.
  • Asking price for the parcel is set at $9,853,272.
  • Located at 31818 North 203rd Avenue in Arizona.
  • Property is positioned within a rapidly expanding suburban submarket.
  • Ideal location for diverse commercial or mixed-use development projects.

What's Special

This 40-acre parcel of commercial land in Surprise, Arizona, is currently offered for sale at $9,853,272. Situated at 31818 North 203rd Avenue, the site sits within a rapidly growing suburban corridor of the Phoenix metropolitan area. The region has experienced significant residential and commercial expansion, benefiting from infrastructure improvements and proximity to major regional transit routes. The scale of the property allows for a variety of development configurations, ranging from mixed-use retail centers to large-scale commercial operations that cater to the evolving needs of the local population. Investors and developers will find significant potential for long-term value creation in this expanding market. The expansive acreage provides substantial flexibility for site planning and utility integration, making it a viable candidate for businesses seeking a strategic footprint in a high-growth sector of the West Valley. Its geographic position aligns well with broader economic growth patterns throughout the greater Phoenix region.

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NOI
$80,000
Cap Rate
0.81%
DSCR
0.14
Underwater
Cash-on-Cash
-17.08%
Monthly Payment
$48,748.614
Annual Cash Flow
$-504,983.365

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