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    5943 Glenn Dr Glendale, AZ 85301

    For Sale
    $369,000

    High-visibility commercial lot, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.37-acre commercial property at 5943 W Glenn Drive, Glendale, AZ, presents a remarkable investment opportunity. Situated on a highly visible corner lot at the intersection of Glendale Avenue and Grand Avenue, this 16,277 square foot parcel boasts a prime downtown location. Zoned C3 Gold and falling under the Centerline Overlay District, a Glendale city rezoning initiative, this property offers unparalleled flexibility for development. The absence of setbacks for commercial construction allows for maximum building utilization. While easements exist on both sides of the property, the city demonstrates flexibility regarding zoning regulations, making this a truly unique opportunity. This area is experiencing significant redevelopment, further enhancing the property's value and potential. Adding to its appeal, this parcel is also designated under the Opportunity Zone Act program, offering potential tax advantages. The property's central location and high visibility make it ideal for a wide range of commercial projects, allowing developers to tailor construction to their specific business needs. This is a rare chance to acquire three consecutive lots in a rapidly developing downtown area. Don't miss this chance to establish a presence in the heart of Glendale's revitalization.

    Property Features for 5943 Glenn Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1800
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1881
    Latitude
    33.53947

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial lot, prime location.
    Where is this commercial real estate located?
    The property is located at 5943 Glenn Dr Glendale, AZ.
    What is the asking price?
    The asking price for this property is $369,000.
    (888) 897-7821
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    5943 Glenn Dr Glendale, AZ 85301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5943 Glenn Dr Glendale, AZ 85301
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