Search
Glendale Multifamily Development Opportunity
For Sale
$6,995,000

5544 N 59th Avenue, Glendale, AZ 85301

LAND - Glendale, AZ

Property SizeContact for details
Lot Size7.32 Acres
Days on Market99

Property Features for 5544 N 59th Avenue

General Information

Property type Land
Property subtype Other
Zoning [C-2] & [R-4]
Lot features East/ West Exposure, Corner Lot, Dual Street Ftg, North/ South Exp
Elementary school William C Jack School
Middle school Don Mensendick School
High school Glendale High School
Elementary school district Glendale Elementary District
Middle school district Glendale Union High School District
High school district Glendale Union High School District
Directions Northwest Corner of 59th Ave & Missouri Ave
Standard status Active
APN 144-29-002-A
Lot size 7.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SE4 NE4 E 330' EX W 20F & EX N 30F & S 40F & E 55F RDS
Tax Annual Amount 839
Legal Description SE4 NE4 E 330' EX W 20F & EX N 30F & S 40F & E 55F RDS

Utilities

Sewer type Public Sewer
Listing Agency: Realty ONE Group
Listed By: Azad Zolnoorian · License #SA524955000
Added: May 18 Changed: Jul 30 Last Checked: Aug 24 at 11:06AM
MLS# 7030134

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 7-acre multifamily development site is located in Glendale, near 59th Avenue and Missouri Avenue. The property is approved for 120 apartment units, including 30 one-bedroom units and 90 two-bedroom units, with plans, permits, and entitlements in place. The project is designed as a modern multifamily community, featuring unit layouts, parking, landscaped common areas, and resident-focused amenities. The site offers accessibility, demographics, and proximity to employment centers, retail, schools, entertainment venues, and freeway access. Nearby destinations include Westgate Entertainment District, State Farm Stadium, and Desert Diamond Arena. The zoning is [C-2] & [R-4].

Key Highlights

  • Fully approved for 120 apartment units with plans, permits, and entitlements in place
  • Prime +/-7‑acre multifamily development site in rapidly growing Glendale
  • Strategically located near 59th Avenue & Missouri Avenue, offering excellent accessibility

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Restaurant Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

120
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 85301, AZ

67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7-acre site approved for 120 apartment units.
Where is this residential land & home lot located?
The property is located at 5544 N 59th Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: Fully approved for 120 apartment units with plans, permits, and entitlements in place; Prime +/-7‑acre multifamily development site in rapidly growing Glendale; Strategically located near 59th Avenue & Missouri Avenue, offering excellent accessibility
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message