16540 N Bullard Ave, Surprise, AZ 85374
Commercial · Surprise · Phoenix metro, AZ
One of 68 reachable commercial buildings in Surprise. Larger than 61% of commercial buildings in Surprise (median 46,590 SF), derived from assessor records.
- County gross building area
- 66,055 SF, Maricopa County Assessor
- Lot size
- 92,051 SF, Maricopa County Assessor
- Year built
- 2007, Maricopa County Assessor
- Stories
- 4, Maricopa County Assessor
- Predominant use
- Hotel 2 To 4 Stories, Maricopa County Assessor
- Assessed value
- $11,435,816, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $173.13/SF, derived from assessor records
- Building area / lot
- 0.72, derived from assessor records
- Vintage
- 2000s vintage
- County use code
- HOTEL 2 TO 4 STORIES
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 16418 N Bullard Ave, Surprise · 0.1 mi · 90,886 SF · built 2009 · assessed $181.77/SF
- 16840 N Civic Center Dr, Surprise · 0.5 mi · 65,300 SF · built 2023 · assessed $190.37/SF
- 15800 N Litchfield Rd, Surprise · 1.1 mi · 26,216 SF · built 2017 · assessed $292.96/SF
- 14783 W Grand Ave, Surprise · 1.7 mi · 59,258 SF · built 2005 · assessed $139.41/SF
- 13337 W Grand Ave, Surprise · 1.7 mi · 46,590 SF · built 2007 · assessed $177.35/SF
- 13974 N Reems Rd, Surprise · 1.9 mi · 77,182 SF · built 2023 · assessed $213.97/SF
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Sale history and market context
MakeMe Estimate: $15.5M (estimated market value), with a likely range of $12.4M to $18.4M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $11,435,816 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: 2 comparable sales within 3 miles; nearest 1.1 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 15800 N Litchfield Rd, Surprise: $10,400,000 (2025-07), 26,216 SF, $396.70/SF, 1.1 mi away
- 13974 N Reems Rd, Surprise: $14,050,000 (2025-10), 77,182 SF, $182.04/SF, 1.9 mi away
- 11580 N Litchfield Rd, Surprise: $24,000,000 (2025-08), 126,000 SF, $190.48/SF, 3.2 mi away
- 11301 N Litchfield Rd, Surprise: $36,280,000 (2025-04), 168,000 SF, $215.95/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 $10,849,439 (2026) to $11,435,816 (2027), up 5% over 1 years, per county tax rolls. The 2027 roll splits $11,435,816 into $1,459,600 land and $9,976,216 improvements.