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Property profile & analytics
OFF-MARKET
Office Spaces

0 59Th Ave Glendale, AZ 85308

120,597 SF 2.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Total area 120,597 SF
Lot 2.7 ac (117,612 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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