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Property profile & analytics
OFF-MARKET
Land

7449 127Th Ave Glendale, AZ 85307

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre parcel in Glendale, Arizona, presents a unique investment opportunity. Designated as Luke Landing II, this property encompasses 18 single-family residential lots, perfectly situated within the R-5 zoning district. Currently undergoing final plat approval (as of August 15, 2023), these engineered lots are ready for immediate development. The location offers unparalleled convenience, bordering the established Marbella Ranch master-planned community (featuring over 1,200 homes) at the northwest corner of Glendale Avenue and El Mirage Road. Enjoy easy access to major transportation arteries, including the Loop 101 and Loop 303 freeways, as well as the Northern Parkway. The proximity to the vibrant Westgate Entertainment District adds to the desirability of this prime location. With its ideal zoning, engineered lots, and strategic location, this property represents a compelling investment prospect for builders and developers seeking a high-demand residential development site in a thriving Arizona community. The APN is 501-53-004H. The property is offered for sale by owner.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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