5943 Glenn Dr Glendale, AZ 85301
- Commercial land
- 0.17 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5943 Glenn Dr
- Lot size
- 0.17 lot acres
- Property type
- Commercial land
- APN
- 143-44-078A
- APU
- 14344078A
Description
This exceptional 0.37-acre commercial property at 5943 W Glenn Drive, Glendale, AZ, presents a remarkable investment opportunity. Situated on a highly visible corner lot at the intersection of Glendale Avenue and Grand Avenue, this 16,277 square foot parcel boasts a prime downtown location. Zoned C3 Gold and falling under the Centerline Overlay District, a Glendale city rezoning initiative, this property offers unparalleled flexibility for development. The absence of setbacks for commercial construction allows for maximum building utilization. While easements exist on both sides of the property, the city demonstrates flexibility regarding zoning regulations, making this a truly unique opportunity. This area is experiencing significant redevelopment, further enhancing the property's value and potential. Adding to its appeal, this parcel is also designated under the Opportunity Zone Act program, offering potential tax advantages. The property's central location and high visibility make it ideal for a wide range of commercial projects, allowing developers to tailor construction to their specific business needs. This is a rare chance to acquire three consecutive lots in a rapidly developing downtown area. Don't miss this chance to establish a presence in the heart of Glendale's revitalization.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.188
- Latitude
- 33.5395
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
