$2,310,000

Description

The property is located on 211th Avenue just north of the N/W corner of 211th Avenue and Sun Valley Parkway. It is located approximately 1 mile S.E. of the Frontera Subdivision which is currently selling newly constructed homes and the Rancho Vista subdivision which is presently under construction. This 40 acre parcel is contiguous to the future 210 acre Ana Mandara project which will be rezoned residential and commercial. Proposed rezoning of the property to develop between 750 and 1,000 homes, along with 20 to 30 acres designated for commercial use. Groundbreaking is anticipated by late 2026. The property is also located less than a mile south of the future Desert Trails subdivision. For information on these future developments, go to the City of Surprise website under Planned Area Dev Area Developments (PAD). This property is flat without any flood plain issues, and after it has been rezoned, it should be ready for future ground breaking. A grazing lease is in place at the present time. Compared to the comps in the vicinity, this property is priced to sell.