0 59Th Ave Glendale, AZ 85308
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.