5544 N 59th Avenue, Glendale, AZ 85301

Glendale
Local realty services provided by:HUNT Real Estate ERA
5544 N 59th Avenue,Glendale, AZ 85301
$7,950,000
  • 7.32 Acres
  • Lots / Land
  • Active
Listed by: azad zolnoorian
Office: realty one group
MLS#:7030134
Source:ARMLS

Price summary

  • Price:$7,950,000

About this home

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...

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Home facts

  • Listing ID #:7030134
  • Updated:June 04, 2026 at 02:59 PM

Structure and exterior

  • Lot area:7.32 Acres
  • Lot Features:Corner, East/West Exposure

Schools

  • High school:Glendale High School
  • Middle school:Don Mensendick School
  • Elementary school:William C Jack School

Utilities

  • Water:City Franchise
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$7,950,000
  • Tax amount:$839 (2025)
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