For Sale Lot / Land MLS# 7030134

5544 N 59th Avenue _

Glendale, AZ 85301

$5,995,000

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Listing Office

Officearizona-regional-mls-rsd logoRealty ONE Group
AgentAzad Zolnoorian

About 5544 N 59th Avenue _

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 details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
7.32
Original price
$7,950,000
MLS #
7030134

Exterior & lot

Lot
[C-2] & [R-4], 14429002A, Level

Schools

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

Utilities

Utilities
Sewer - Available, Public Sewer, City Franchise
Water
City Franchise
Sewer
Sewer - Available, Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$839
Tax year
2025
Parcel
14429002A

Location

County
Maricopa
Neighborhood
O'Neil Ranch
Community
Maricopa, Arizona Regional Multiple Listing Service 2, Glendale Elementary District
Directions
Northwest Corner of 59th Ave & Missouri Ave

Location

Neighborhood
O'Neil Ranch
School district
Glendale Union High School District

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