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    5241-5257 W Luke Ave Glendale, AZ 85301

    For Lease
    $4,200 /Mo

    Approximately 1 acre of fenced industrial land available for lease.

    Lot size:
    1.00 Acre

    Property Features for 5241-5257 W Luke Ave

    General Information

    Lot size
    1.00 Acre

    Source: Rein & Grossoehme Agent Max Schumacher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land Site For Lease

    This property features an approximate 1-acre drop yard or industrial land site. It is fully fenced, incorporating a partial block wall. The parcel numbers are 144-76-011 and 144-76-012B. The zoning is M-2 (Heavy Industrial).
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -112.1723776
    Latitude
    33.5181884

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    FAQs

    What type of property is this?
    Industrial land - Approximately 1 acre of fenced industrial land available for lease.
    Where is this industrial land located?
    The property is located at 5241-5257 W Luke Ave Glendale, AZ.
    What are key features of this property?
    This property features: - ±1 Acre drop Yard/Industrial land site; - Zoned M-2 (Heavy Industrial); - Fully fenced with partial block wall
    (480) 214-9400
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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
    5241-5257 W Luke Ave Glendale, AZ 85301
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