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    59Th Ave Glendale, AZ 85308

    For Lease
    Contact for pricing

    Prime Glendale medical office land, 120,597 SF.

    Lot size:
    120,597 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.7-acre parcel, located at the southwest corner of Bell Road and 59th Avenue in Glendale, Arizona, presents a unique investment opportunity. The property boasts a total buildable area of 120,597 square feet, currently vacant and ready for immediate development. Zoned as PAD (Planned Area Development), this site offers significant flexibility for a variety of medical office uses. The single-tenant configuration allows for streamlined development and management. The property's strategic location in Glendale, Maricopa County, AZ, 85308, provides excellent visibility and accessibility, making it an ideal location for a medical facility. The ample lot size allows for substantial building expansion or the addition of complementary amenities. The property's APN is 200-51-973. This offering presents a rare chance to acquire a large, well-positioned medical office site in a thriving Arizona market. The property is available for sale or ground lease, providing options to suit various investment strategies. This is a turnkey opportunity for developers seeking a prime location to build a state-of-the-art medical facility. The property's size and zoning make it suitable for a large-scale medical office building or a multi-tenant complex. The high visibility and convenient location will attract a wide range of medical professionals and patients.

    Property Features for 0 59Th Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,597 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    120,597 SF

    HighLights

    • 2.7‑acre parcel at the southwest corner of Bell Road and 59th Avenue, Glendale, AZ (APN 200‑51‑973).
    • 120,597 square feet of buildable area, currently vacant and ready for development.
    • Planned Area Development (PAD) zoning, ideal for medical office use.
    • High visibility location with over ±32,000 cars per day on 59th Avenue, across from Walmart and near other medical facilities.
    • Annual property taxes: $15,983.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1865337
    Latitude
    33.6386367

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    FAQs

    What type of property is this?
    Medical office - Prime Glendale medical office land, 120,597 SF.
    Where is this medical office located?
    The property is located at 59Th Ave Glendale, AZ.
    What are key features of this property?
    This property features: 2.7-acre parcel at the southwest corner of Bell Road and 59th Avenue, Glendale, AZ (APN 200-51-973).; 120,597 square feet of buildable area, currently vacant and ready for development.; Planned Area Development (PAD) zoning, ideal for medical office use.
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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
    59Th Ave Glendale, AZ 85308
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