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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 137Th Ave Glendale, AZ 85307

44,150 SF 6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6-acre vacant commercial land parcel presents a remarkable development opportunity in Glendale, Arizona. Located at the intersection of 137th Avenue and Glendale Avenue, this C-2 zoned property (with a special use permit) boasts a total area of 44,150 square feet and is priced at $8.50 per square foot. Its strategic position offers unparalleled access to a substantial consumer base. The site is conveniently situated just half a mile from the main entrance of Luke Air Force Base, a significant employer with over 6,500 service members and contractors. This translates to a large, readily available customer pool for any retail development. Furthermore, the property benefits from its adjacency to a newly constructed Dollar General store and two substantial apartment complexes, ensuring high visibility and foot traffic. The land's $8.50 per square foot price point represents a compelling investment opportunity given its prime location and the potential for significant returns. This vacant retail pad site is ready for immediate development, offering a unique chance to capitalize on the thriving Glendale market and the substantial economic activity generated by Luke Air Force Base. The property is currently vacant and ready for your vision.

Property profile
Verified
Property type Retail properties & Spaces
Total area 44,150 SF
Lot 6 ac (261,360 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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