15900 W Happy Valley Road 5 lots (see remark), Surprise, AZ 85387

New Listing
$10,000,000
Property Type: Land Lot Size (sq. ft.): 327,622 Status: Active
Current Price: $10,000,000 List Date: 3/31/2026 Last Modified: 3/31/2026

Description

Positioned in the path of rapid expansion, this 17.5-acre assemblage of five adjoining lots offers a rare scale opportunity in Surprise. The property features 656 feet of frontage along Happy Valley Road and 656 feet along San Ysidro Road, delivering strong access, visibility, and future development flexibility. Zoned PAD (Planned Area Development), the site supports a wide range of commercial and residential uses--ideal for build-to-rent communities, multifamily, mixed-use, or neighborhood-serving retail. The surrounding area is already stabilized with single-family housing, reducing early-stage development risk while supporting near-term demand. The immediate submarket is demonstrating strong pricing momentum, highlighted by a nearby acre parcel (APN 503-56-895) that sold for $5.45M.

Supplements: High-Growth Investment Opportunity - 17.5 Acres | 15900 W Happy Valley Rd Positioned in the path of rapid expansion, this 17.5-acre assemblage of five adjoining lots offers a rare scale opportunity in Surprise. The property features 656 feet of frontage along Happy Valley Road and 656 feet along San Ysidro Road, delivering strong access, visibility, and future development flexibility. Zoned PAD (Planned Area Development), the site supports a wide range of commercial and residential uses--ideal for build-to-rent communities, multifamily, mixed-use, or neighborhood-serving retail. The surrounding area is already stabilized with single-family housing, reducing early-stage development risk while supporting near-term demand. The immediate submarket is demonstrating strong pricing momentum, highlighted by a nearby 5.2-acre parcel (APN 503-56-895) that traded for $5.45M and is now under development for a condominium project--providing a clear benchmark for value and absorption. Located approximately 25 minutes from the new TSMC campus, the property is well positioned to benefit from one of the largest economic drivers in the region. Continued job creation, population inflow, and housing demand are expected to accelerate absorption and long-term appreciation. Investment Highlights: 17.5-acre contiguous site (rare scale in this corridor) Dual frontage with strong visibility and access Flexible PAD zoning (commercial + residential) Proven comps and active nearby development Located in a high-growth corridor with major employment drivers Strong long-term appreciation and development upside This is a strategic land play in a supply-constrained, high-demand growth corridor--well suited for investors and developers seeking scalable opportunities in the West Valley.

More Information MLS# 7006339

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $10,000,000 List Price: $10,000,000 Status: Active List Date: 2026-03-30

Location, Tax & Legal

Lot #: 5 lots (see remark) Assessor's Map #: 58 Legal Description (Abbrev): NW4 NW4 NE4 SEC 7 EX POR ROW DAF COM N4 COR SEC 7 TH E 656.46F TH S 160F TH W 656.53F TH N 160F TO P Assessor's Parcel #: 976 Add'l Parcels: Yes Tax Municipality: Surprise Census Tract: 40518 Taxes: 799 House Number: 15900 Compass: W Street Name: Happy Valley St Suffix: Road City/Town Code: Surprise State/Province: AZ Zip Code: 85387 County Code: Maricopa Assessor Number: 503-58-976 Subdivision: Non subdivision Tax Year: 2025

General Property Description

Apx Total Acres: 7.52 Apx Total Acres G/N: G Price Per Acre: 1329787.23 # Lots in Listing: 5 Apx SqFt: 327622 Price Per SqFt: 30.52 Apx SqFt G/N: G Lot Size Dimensions: 656.17ft x 763,218 Flood Zone: TBD Street Frontage: 655.78 Elementary School District: Dysart Unified District High School District: Dysart Unified District Zoning: PAD (COM & RD)

Legal Info

Range: 1W Section: 7 Township: 4N Lot Number: 5 lots (see remark)

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 10000000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Existing Land Use

Other (See Rmks): 1

Zoned Presently

Existing P.A.D.: 1

Potential Use

P.A.D.: 1

Parcel Size

10.00 - 19.99 Acres: 1

Water Source

See Remarks: 1

Sewer

Sewer - Public: 1

Electric

Other (See Rmks): 1

Gas

None: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Under 350 Feet: 1

Distance to Water

Within 1/2 Mile: 1

Distance to Electric

Within 1/2 Mile: 1

Distance to Gas

None: 1

Distance to Sewer

Within 1/2 Mile: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Use Restrictions

Existing Easement: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: Happy Valley Rd & 303 Freeway Directions: GPS does not work to find this property. The location is just to the east of 159th Avenue on the south side of Happy Valley Road. See the no trespassing signs. Yard sign is ordered and will be installed asap. Geo Lat: 33.71008 Geo Lon: -112.402116

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Existing P.A.D. Potential Use: P.A.D. Parcel Size: 10.00 - 19.99 Acres Water Source: See Remarks Sewer: Sewer - Public Electric: Other (See Rmks) Gas: None Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Within 1/2 Mile Distance to Electric: Within 1/2 Mile Distance to Gas: None Distance to Sewer: Within 1/2 Mile Existing 2nd Loan: Treat as Free&Clear New Financing: Cash; Conventional Use Restrictions: Existing Easement Environmental: None Lockbox Type: None
Listing Office: Superlative Realty
IDX
Last Updated: March - 31 - 2026
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