5544 N 59th Ave Glendale, AZ 85301
Glendale AreaEstimated payment $38,516/month
Highlights
- 7.32 Acre Lot
- No HOA
- East or West Exposure
- Corner Lot
About This Lot
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
Est. Annual Taxes
- $839
Lot Details
- 7.32 Acre Lot
- East or West Exposure
- Corner Lot
- Level Lot
- Property is zoned [C-2] & [R-4]
Schools
- William C Jack Elementary School
- Don Mensendick Middle School
- Glendale High School
Additional Features
- North or South Exposure
- Natural Gas Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot _
- Assessor Parcel Number 144-29-002-A
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2026 07/30/26 | Price Changed | $6,995,000 | -12.0% | -- |
| 05/19/2026 05/19/26 | For Sale | $7,950,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7030134
APN: 144-29-002A
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Ask me questions while you tour the home.