5544 N 59th Avenue _

Glendale, AZ 85301

Glendale, AZ 85301

5544 N 59th Avenue _

$7,950,000

MLS#: 7030134

Status: Active

Listing provided by: Realty ONE Group

Listing agent phone: None

Last update: 16 days ago

On site: 17 days ago

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About

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 area's 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 area's 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.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

7.32 acres

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    See Remarks, Corner Lot

  • Lot Size(acres)

    7.32

  • Lot Size(square feet)

    318750.0

  • Property Type

    Land

Price

  • Sales Price

    $7,950,000

  • Tax Amount

    $839

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Glendale Elementary District

  • Middle School

    Don Mensendick School

  • High School

    Glendale High School

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    _

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Glendale Elementary District

  • Middle School

    Don Mensendick School

  • High School

    Glendale High School

Listing Courtesy of Azad Zolnoorian , Realty ONE Group

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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 area's 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 area's 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 _

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