5544 N 59th Avenue (unit _), Glendale, AZ

$6,995,000

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7.32

Acres

About 5544 N 59th Avenue (unit _)

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.

Features of 5544 N 59th Avenue (unit _)

MLS® # 7030134
Price $6,995,000
Acres 7.32
Type Land
Status Active

Community Information

Address 5544 N 59th Avenue (unit _)
City Glendale
County Maricopa
State AZ
Zip Code 85301

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot / Property Description See Remarks, East/West Exposure, Corner Lot, Dual Street Ftg, North/South Exp

School Information

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

Additional Information

Zoning [C-2] & [R-4]
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty ONE Group

Listing Map

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