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Property profile & analytics

5814 Olive Ave Glendale, AZ 85302

  • Strip malls
  • 0.03 lot acres
For Lease
Last Sale
Mar 18, 2024
$5,500,000
Value Estimations
$5,500,000
Cap Rate Potential
Location Intelligence
Property ID
US07-1896505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pizza Patrón West Olive Ave. / Restaurant
  • Rollz N' Boba / Grocery & Convenience Store / Specialty Food Shop
  • Door To Door Garage Services / Building Supply / General Contractor
  • Arizona Affordable Shipping / Shipping Company / Freight Service
  • Platinum Barber Shop / Barber Shop

Property Details for 5814 Olive Ave

Lot size
0.03 lot acres
Zone code
C-1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
148-22-001Z
APU
14822001Z

Description

This exceptional retail opportunity, located at 5814 W Olive Ave in Glendale, Arizona (zip code 85302), offers 63,481 square feet of space in a multi-tenant building. Four suites are available, with a minimum divisible space of 3,006 square feet and a maximum contiguous space of 28,685 square feet. Currently, 60,744 square feet are vacant, presenting a significant opportunity for businesses seeking prime retail space in a high-traffic area. The property is zoned C-C, ensuring flexibility for a variety of retail uses. Its strategic location directly across from Glendale Community College, with its 19,000 students, provides a built-in customer base. Furthermore, its proximity to major transportation arteries, including the US-60 Freeway (Grand Avenue, approximately 2 miles away), and the Metrocenter Mall (just over 3 miles away), ensures high visibility and accessibility. Metrocenter features anchor tenants such as Walmart, Dillard's, Harkins Theatres, and more, further enhancing the area's retail appeal. The property also benefits from a strong industrial employment core to the west and southwest, and is surrounded by densely populated neighborhoods. This combination of factors makes this property an ideal location for businesses seeking high visibility, strong foot traffic, and a diverse customer base in a thriving Maricopa County market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $5,500,000
    ML approach
    $5,500,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Glendale
County
Maricopa
State
Arizona
Longitude
-112.184
Latitude
33.5688
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$56
$0.00
$0.00
$842
-
$5,100
$0.00
$5,100
More about this property
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