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Home > 16700 N Reems Road, 16, Surprise, AZ 85374 (MLS# 6132345)

16700 N Reems Road, 16, Surprise, AZ 85374

$4,300,000
Property Type: Land and Lots Lot Size (sq. ft.): 314,047 Status: Closed
Current Price: $4,300,000 List Date: 11/29/2021 Last Modified: 11/18/2022

Description

Fantastic multi-family super pad just south of Bell Road in a prime location. Approval from the City of Surprise allows 210 units per the Orchards PAD (Over 29 du/ac). Buyer to confirm. This is one of the last multi-family parcels along the Western Bell corridor. The site has all improvements including curb, gutter, sidewalk, and utilities to the site. It is within walking distance of dozens of restaurants, offices and other commercial properties. About 1 mile to Loop 303. Close proximity to Surprise City Center and Surprise Stadiums.

More Information MLS# 6132345

Contract Information

Current Price: $4,300,000 Sold Price: $4,300,000 Status: Closed List Date: 2020-09-01 For Sale or Lease?: Sale Type: EA

Location Tax Legal

Map Code/Grid: L28 House Number: 16700 Compass: N Street Name: Reems St Suffix: Road City/Town Code: Surprise State/Province: AZ Zip Code: 85374 Country: USA County Code: Maricopa Assessor Number: 509-12-327-A Subdivision: ORCHARDS MOD AMD Tax Year: 2020

General Property Description

Apx Total Acres: 7.21 Apx Total Acres G/N: N Price Per Acre: 653357.14 Apx SqFt: 314047 Price Per SqFt: 15 Apx SqFt G/N: N Lot Size Dimensions: Regular Horses: N Zoning: PAD

Remarks Misc

Cross Street: Reems Rd & Young St Directions: (From 303) East on Bell Rd until Reems Rd. Turn Right on Reems. Property is on the left before Young St. Geo Lat: 33.63562 Geo Lon: -112.393168

Status Change Info

Status Change Date: 2021-12-14 Off Market Date: 2021-12-14 Under Contract Date: 2020-10-26 Close of Escrow Date: 2021-12-13 Sold Price: $4,300,000

Legal Info

Township: 3N Range: 1W Section: 5 Lot Number: 16

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Existing P.A.D. Potential Use: Multi-Family Parcel Size: 5.00 - 9.99 Acres Current Density: 21 - 25 Units P/Acre; 26 - 30 Units P/Acre Proposed Density: 21 - 25 Units P/Acre; 26 - 30 Units P/Acre Development Status: Off Site Imp Complte Land Features: Corner Lot; North/South Exp Vegetation: Natural Vegetation Road Responsibility: City Maintained Road Traffic Count: Not Available Topography: Level Existing Structures: None Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Call Listing Office Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional Environmental: Other (See Rmks) Showing Notification Methods: No Notification Required to Show Lockbox Type: None
Listing Office: City to City Commercial
Last Updated: November - 18 - 2022
16700 N Reems Road, 16, Surprise, AZ 85374- MLS# 6132345
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