$10,000,000
Surprise, AZ 85387
MLS# 7006339
Property Description
APN 503- 58-976 = 7.521 acres APN 503-56-002-Y = 3.355 acres. APN 503-56-002-Z = 2.08 acres. APN 503-58-006 = 2.089 acres. APN 503-58-007 = 2.446 acres. 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 San Ysidro Rd, delivering strong access, visibility, and future development flexibility. Zoned PAD 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 parcels 503-56-895+ 503-56-015 J totaling 11.256 acres which sold for $5.45M.
Details
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: 2479
Marketing Name: 5 lots = 17.5 acres
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: 17.5
Apx Total Acres G/N: G
Price Per Acre: 571428.57
# 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
Horses: Y
Street Frontage: 655.78
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Zoning: PAD
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
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.
Listing Office: Superlative Realty
Last Updated: April - 01 - 2026
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