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    59Th Ave Glendale, AZ 85308

    Sponsored
    For Sale
    $2,300,000

    Prime Glendale medical office land, 120,597 SF, $2.3M

    Property size:
    120,597 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.7-acre parcel, identified by APN 200-51-973, presents a significant investment opportunity in Glendale, Arizona. Located at the southwest corner of Bell Road and 59th Avenue, this property boasts a substantial 120,597 square feet of land zoned for Planned Area Development (PAD). The asking price is $2,300,000, translating to $19 per square foot. This prime location benefits from exceptional visibility and high traffic counts, with over 132,000 cars traversing 59th Avenue daily. The property's strategic position places it directly across from a Walmart Supercenter and in close proximity to key amenities including the Glendale Social Security Office, the Glendale DMV, and the Phoenix Heart Cardiovascular Center, further enhancing its appeal within the established medical corridor. Annual property taxes are $15,983. This offering presents a rare chance to acquire a large, well-situated parcel ideal for medical office development in a thriving Arizona market. The property's size and zoning provide ample flexibility for a variety of medical-related projects. This is a truly exceptional opportunity for investors seeking a high-impact, high-traffic location. The address is S/SWC Bell Road & 59th Avenue, Glendale, AZ 85308.

    Property Features for 0 59Th Ave

    General Information

    Property type
    Medical offices
    Square Feet
    120,597 SF
    Lot Size
    117,612 SF

    HighLights

    • Annual property taxes: $15,983.
    • Excellent visibility and high traffic location across from Walmart, near Glendale Social Security and DMV, and numerous medical facilities.
    • High daily traffic count exceeding 32,000 vehicles on 59th Avenue.
    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, $2.3M
    Where is this medical office located?
    The property is located at 59Th Ave Glendale, AZ.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Annual property taxes: $15,983.; Excellent visibility and high traffic location across from Walmart, near Glendale Social Security and DMV, and numerous medical facilities.; High daily traffic count exceeding 32,000 vehicles on 59th Avenue.
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    59Th Ave Glendale, AZ 85308
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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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