$5,995,000
5544 N 59th Avenue _Glendale, AZ 85301
MLS# 7030134
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Property DescriptionPrime 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.
Details
Contract Information
Current Price: $5,995,000
List Price: $5,995,000
Status: Active
List Date: 2026-05-18
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location, Tax & Legal
House Number: 5544
Compass: N
Street Name: 59th
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 5805
Country: US
County Code: Maricopa
Assessor Number: 144-29-002-A
Tax Year: 2025
General Property Description
Apx Total Acres: 7.32
Apx Total Acres G/N: G
Price Per Acre: 818989.07
Apx SqFt: 318750
Price Per SqFt: 18.81
Apx SqFt G/N: G
Lot Size Dimensions: 318,750
Horses: N
Zoning: [C-2] & [R-4]
Flood Zone: TBD
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: William C Jack School
Jr. High School: Don Mensendick School
High School: Glendale High School
Legal Info
Township: 2N
Range: 2E
Section: 18
Lot Number: _
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 480-695-4850
List Agent Hme Phn 2: 480-695-4850
List Agent Cell Phn2: 480-695-4850
Remarks Misc
Cross Street: Northwest Corner of 59th Ave & Missouri Ave
Directions: Northwest Corner of 59th Ave & Missouri Ave
Geo Lat: 33.518628
Geo Lon: -112.186894
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Other (See Rmks)
Zoned Presently: Multi-Family; Commercial
Potential Use: Multi-Family; Commercial
Parcel Size: 5.00 - 9.99 Acres
Current Density: 16 - 20 Units P/Acre
Proposed Density: 16 - 20 Units P/Acre
Development Status: Plans Available; Other; See Remarks
Land Features: Corner Lot; Dual Street Ftg; North/South Exp; East/West Exposure; See Remarks
Vegetation: Natural Vegetation
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer - Available
Electric: SRP
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Fencing: None
Listing Office: Realty ONE Group
Last Updated: October - 20 - 2026
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