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Industrial Buildings Near Grand Avenue
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5830 W Maryland Ave, Glendale, AZ

Two industrial buildings totaling approximately 34,000 SF for sale.

Property Size17,000 SF
Lot Size0.79 Acres
Price / SF$155
Days on Market494

Property Features for 5830 W Maryland Ave

General Information

Standard status Active
Size 17,000 SF
Lot size 0.79 Acres
Property subtype INDUSTRIAL
Listing Agency: Rein & Grossoehme
Listed By: Max Schumacher · License #SA678600000
Source: Moodyscre
Added: Jun 25, 2025 Changed: Oct 25 Last Checked: Oct 30 at 4:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rein & Grossoehme

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Investment Insights

Based on property information with market context.

The property features two buildings totaling approximately 34,000 square feet. It includes 1,600 amps of 277/480v power, which the buyer should verify. The buildings offer 14 to 22 feet of clear height and are equipped with natural gas and floor drains. A full fire sprinkler system is in place. The site is fully fenced and secured, providing two points of ingress and egress. Loading is facilitated by two truckwells and four grade-level doors. The property has two electrical services. It is located less than one mile from Grand Avenue, with convenient access to both I-10 and I-17.

Key Highlights

  • Excellent Location: Less than 1 Mile to Grand Ave with Easy Access to I‑10 and I‑17.
  • Two Buildings Totaling ±34,000 SF.
  • High Power Capacity: 1,600 Amps of 277/480v Power.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$162,483
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,249,660 $3.2M
Cap Rate 7%
$2,321,186 $2.3M
Cap Rate 9%
$1,805,367 $1.8M
Market Conditions
NOI Build-Up for 17,000 SF
Gross rent
$216.2K $12.72/SF
− Vacancy
−$25.1K −$1.48/SF
EGI
$191.2K $11.24/SF
− OpEx
−$28.7K −$1.69/SF
NOI
$162.5K $9.56/SF
Area
Glendale, AZ
Vacancy
11.60%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,249,660
Cap Rate 7%
$2,321,186
Cap Rate 9%
$1,805,367

Alternative Uses

Best Use
Warehouse
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,483 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$1.91M
$1.67M – $2.23M (±1% cap)
NOI $133,809 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$5.34M
$4.67M – $6.23M (±1% cap)
NOI $373,793 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm Bakery Computer & Electronic Repair Tech Support 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.

Location Intelligence

Trade Area within ½ mile

1,413
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Two industrial buildings totaling approximately 34,000 SF for sale.
Where is this warehouse located?
The property is located at 5830 W Maryland Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $2,635,000.
What are key features of this property?
This property features: Excellent Location: Less than 1 Mile to Grand Ave with Easy Access to I‑10 and I‑17.; Two Buildings Totaling ±34,000 SF.; High Power Capacity: **1,600 Amps of 277/480v Power.**
(480) 214-9403 · Office Call to check price and availability
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