9002 47th Ave Glendale, AZ 85302-3600
Property summary
This exceptional investment opportunity presents a vacant, freestanding retail building ideally situated in Glendale, Arizona's thriving 85302 zip code. The property, boasting 2,400 square feet on an 11,160 square foot lot (APN 148 08 002M), is priced at $699,000, translating to $291.25 per square foot. Constructed in 1974, this single-building, single-unit property offers significant potential for owner-users or investors seeking a prime location within a densely populated trade area. Its convenient storefront configuration, categorized as both a convenience store and storefront, makes it adaptable to a variety of retail uses. The strategic location at the busy intersection of Olive Avenue and 47th Avenue ensures high visibility and accessibility, benefiting from substantial traffic flow and proximity to residential neighborhoods and other retail establishments. This property presents a rare chance to acquire a well-positioned retail asset in a high-demand market. The vacant status allows for immediate customization and occupancy, making it an attractive proposition for entrepreneurs and investors alike. The property's size and location offer considerable potential for growth and return on investment.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
Value estimations
Owner & transaction history
Zoning & alternative use
an Residence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Glendale, AZan Residence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Glendale, AZ.
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Find the owner behind the property.
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