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    9002 47Th Ave Glendale, AZ 85302

    For Sale
    $699,000

    Freestanding Convenience Store, Vacant

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a vacant, freestanding retail building ideally situated in Glendale, Arizona's thriving 85302 zip code. The property, boasting 2,400 square feet on an 11,160 square foot lot (APN 148 08 002M), is priced at $699,000, translating to $291.25 per square foot. Constructed in 1974, this single-building, single-unit property offers significant potential for owner-users or investors seeking a prime location within a densely populated trade area. Its convenient storefront configuration, categorized as both a convenience store and storefront, makes it adaptable to a variety of retail uses. The strategic location at the busy intersection of Olive Avenue and 47th Avenue ensures high visibility and accessibility, benefiting from substantial traffic flow and proximity to residential neighborhoods and other retail establishments. This property presents a rare chance to acquire a well-positioned retail asset in a high-demand market. The vacant status allows for immediate customization and occupancy, making it an attractive proposition for entrepreneurs and investors alike. The property's size and location offer considerable potential for growth and return on investment.

    Property Features for 9002 47Th Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Units
    1

    HighLights

    • Freestanding retail building in a neighborhood strip center.
    • High‑density population in the immediate trade area.
    • High‑traffic corner location at the intersection of Olive Ave and 47th Ave, with convenient access from both streets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Circle K Convenience Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1607426
    Latitude
    33.5680548

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding Convenience Store, Vacant
    Where is this individual retail property located?
    The property is located at 9002 47Th Ave Glendale, AZ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Freestanding retail building in a neighborhood strip center.; High-density population in the immediate trade area.; High-traffic corner location at the intersection of Olive Ave and 47th Ave, with convenient access from both streets.
    Request Owner's contact information
    9002 47Th Ave Glendale, AZ 85302
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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
    9002 47Th Ave Glendale, AZ 85302
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