11840 N Litchfield Rd, Surprise, AZ 85379
Commercial · Surprise · Phoenix metro, AZ
One of 68 reachable commercial buildings in Surprise. Larger than 76% of commercial buildings in Surprise (median 46,590 SF), derived from assessor records.
- County gross building area
- 129,360 SF, Maricopa County Assessor
- Lot size
- 334,018 SF, Maricopa County Assessor
- Year built
- 2023, Maricopa County Assessor
- Stories
- 1, Maricopa County Assessor
- Predominant use
- Part Comp Industrial Warehouses, Maricopa County Assessor
- Assessed value
- $16,311,338, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $126.09/SF, derived from assessor records
- Building area / lot
- 0.39, derived from assessor records
- Vintage
- 2020s vintage
- County use code
- PART COMP INDUSTRIAL WAREHOUSES
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 11800 N Litchfield Rd, Surprise · 0.1 mi · 129,360 SF · built 2023 · assessed $132.32/SF
- 11580 N Litchfield Rd, Surprise · 0.1 mi · 126,000 SF · built 2023 · assessed $147.43/SF
- 11301 N Litchfield Rd, Surprise · 0.4 mi · 168,000 SF · built 2024 · assessed $160.23/SF
- 13280 W Rioglass Solar Rd, Surprise · 0.9 mi · 107,400 SF · built 2022 · assessed $150.51/SF
- 13250 W Cactus Rd, Surprise · 1 mi · 133,390 SF · built 2023 · assessed $177.49/SF
- 12460 N Dysart Rd, Surprise · 1.1 mi · 164,682 SF · built 2024 · assessed $140.34/SF
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Sale history and market context
MakeMe Estimate: $22.1M (estimated market value), with a likely range of $17.6M to $26.2M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $16,311,338 times a 1.35 market ratio, measured from 3891 verified arm's-length sale prices vs county values (commercial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 3 comparable sales within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 11580 N Litchfield Rd, Surprise: $24,000,000 (2025-08), 126,000 SF, $190.48/SF, 0.1 mi away
- 11301 N Litchfield Rd, Surprise: $36,280,000 (2025-04), 168,000 SF, $215.95/SF, 0.4 mi away
- 13974 N Reems Rd, Surprise: $14,050,000 (2025-10), 77,182 SF, $182.04/SF, 2.4 mi away
- 13337 W Grand Ave, Surprise: $4,751,250 (2015-03), 46,590 SF, $101.98/SF, 3.1 mi away
- 13360 W Bell Rd, Surprise: $28,500,000 (2019-04), 54,900 SF, $519.13/SF, 3.5 mi away
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Commercial in Surprise
median verified sale $215.95/SF over the trailing 24 months; 6 sales in the last 12 months and 7 in 24 (newest verified sale 2025-10).
Computed from 17 verified arm's-length sales in Maricopa County public records (7 in the trailing 24 months). Free public records. Not an appraisal.
Land, site, and value history
Assessed value moved from $15,482,256 (2026) to $16,311,338 (2027), up 5% over 1 years, per county tax rolls. The 2027 roll splits $16,311,338 into $2,804,500 land and $13,506,838 improvements.