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5544 N 59th Avenue, Lot #_, Glendale, AZ 85301

$7,950,000
  • 5544 N 59th Avenue, Lot #_, Glendale, AZ 85301 Main Photo

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New to the Market Active
LOT SIZE 7.317 acres MLS#7030134
STATUSActive PROPERTY TYPELand - Commercial SCHOOLGlendale Union High School District

Property Description

Prime Glendale Multifamily Development Opportunity.Located in the heart of rapidly growing Glendale, this exceptional ±7-acre multifamily development site presents a rare turnkey opportunity for developers and builders seeking a construction-ready apartment project in one of the Phoenix metro areas strongest rental markets.Strategically positioned near 59th Avenue & Missouri Avenue, the property is fully approved for 120 apartment units (30 One-Bedroom Units & 90 Two-Bedroom Units), with plans, permits, and entitlements already in place--helping significantly reduce development timelines, risk, and carrying costs. The project is thoughtfully designed for a modern multifamily community, featuring attractive unit layouts, ample parking, landscaped common areas, and resident-focused amenities. With approvals secured, a developer can move directly toward construction and capitalize on the strong demand for quality rental housing in Glendale and the West Valley corridor.The site offers excellent accessibility, strong surrounding demographics, and close proximity to major employment centers, retail destinations, schools, entertainment venues, and freeway access. Minutes from destinations including Westgate Entertainment District, State Farm Stadium, and Desert Diamond Arena, the property is ideally positioned to serve the areas expanding population and workforce. This is an outstanding opportunity for investors, builders, and multifamily developers seeking a high-potential, fully entitled apartment development in a prime Arizona location.

5544 N 59th Avenue, Unit _ | MLS# 7030134

This land located at 5544 N 59th Avenue, Unit _, Glendale, AZ 85301 is currently listed for sale with an asking price of $7,950,000. The property has approximately 7.32 Acres. N 59th Avenue, Unit _ is located within the Glendale Union High School District school district. Search Glendale real estate on sarahmcnurlin.arizonabest.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 7.32 Acres
Taxes: $839

Feature Descriptions

Sewer: Sewer - Available
Water: City Franchise

Local Schools

High School: Glendale High School
Middle School: Don Mensendick School
Elementary School: William C Jack School
School District: Glendale Union High School District

Listed By / Shown By

Listed By

Agency Name: Realty ONE Group
Agency Phone: 480-315-1240

Shown By

Agent Name: Sarah McNurlin
Agent Phone: (406) 599-1023
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 20,081.92 per month $17,693.25 Principal & Interest $69.92 Property Tax $2,318.75 Homeowner's Insurance

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