Surprise, AZ 85374,16700 N Reems Road #16

$4,300,000

$4,710,705

8.7%
Est.Price: ?

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Est. payment /mo

7.21 Acres Lot


SOLD DATE : 12/13/2021

Key Details

Sold Price $4,300,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Orchards Mod Amd

MLS Listing ID 6132345

Sold Date 12/13/21

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $13,890

Tax Year 2020

Lot Size 7.210 Acres

Acres 7.21

Lot Dimensions Regular

Property 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.

Location

State AZ

County Maricopa

Community Orchards Mod Amd

Zoning PAD

Direction (From 303) East on Bell Rd until Reems Rd. Turn Right on Reems. Property is on the left before Young St.

Exterior

Waterfront No

Topography Level

Building

Lot Description Corner Lot, North/South Exp

Sewer On Property, Septic Tank

Water City Franchise

Others

Senior Community No

Tax ID 509-12-327-A

Acceptable Financing CTL, Conventional

Horse Property N

Listing Terms CTL, Conventional

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by City to City Commercial
Bought with City to City Commercial
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