5455 51St Ave Glendale, AZ 85301
- Commercial real estate
- 0.37 lot acres
Current Use by Public Records
- Sissoko Tribal Arts / African Goods Store
- Detailing / Car Detailing Service
- Western Colloid - Phoenix / Roofing Contractor / Roofing Supply Store
- C C Pollen / Vitamin & Supplements Store
- AA Hotshot and Logistics / Transportation Service
Property Details for 5455 51St Ave
- Lot size
- 0.37 lot acres
- Zone code
- M-2
- Property type
- Commercial real estate
- APN
- 145-28-011R
- APU
- 14528011R
Description
This Glendale, Arizona industrial property, located at 5455 N 51st Ave, offers 96,000 square feet of warehouse space in a multi-tenant building. The property is classified as Class B and was constructed in 1974. Individual units are available, with a minimum divisible space of 2,400 square feet, allowing for flexibility to accommodate various business needs. The warehouse boasts a generous 18-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by 19 loading docks, ensuring efficient operations. Ample parking is available with 80 total parking spaces. The property sits on 4.2 acres of land and is zoned M-2, suitable for heavy industrial uses. Electrical service includes 100-300 amp, 120-208 volt, 3-phase power. The property is located in Maricopa County, Arizona, with a Glendale zip code of 85301. This well-located warehouse offers a significant opportunity for businesses seeking versatile and functional industrial space in a thriving area. The property features evaporative cooling and fire sprinklers, enhancing safety and operational efficiency.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,330,000
- 6.5%
- $9,760,000
- 7%
- $9,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,610,000
- Geo Method
- $9,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,835,000
- Retail
- $9,340,000
- Mixed-Use
- $8,850,000
- Hospitality
- $9,850,000
- Educational
- $11,850,000
- Residential Income
- $9,425,000
- Energy
- $11,430,000
- Income-Based Land
- $11,795,000
- Food Service
- $10,170,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.167
- Latitude
- 33.5166
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
