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Residential Land for Sale in Glendale, Arizona

5544 N 59th Ave, Glendale, AZ 85301

$7,950,000
7.32 acres
Active sale
ago
Est $53,663/mo

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.

Location

Street address
5544 N 59th Ave
School district
Glendale Elementary District
Elevation
1,132 feet
Coordinates
33.5186, -112.1869

Directions

Northwest Corner of 59th Ave & Missouri Ave

Property details

Acreage
7.32 acres
Zoning
[C-2] & [R-4]
MLS #
ARMLS 7030134
Posted

Property taxes

2025
$839

Parcels

  • 144-29-002-A

Legal description

Details and features

Listing

Type
Land
Franchise
Realty ONE Group

Lot

Features
Corner Lot, Dual Street FTG, East/West Exposure, North/South Exp

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
William C Jack SchoolElementaryGlendale Elementary District
Don Mensendick SchoolMiddleGlendale Union High School District
Glendale High SchoolHighGlendale Union High School District

Listing history

DateEventPriceChangeSource
May 19, 2026New listing$7,950,000ARMLS
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This 7.32-acre property is located at 5544 N 59th Ave in Glendale, AZ 85301. The property is available for sale for $7,950,000 with a price per acre of $1,086,066.

Listed by Realty ONE Group, (888) 461-0101

Checked 2 hours agoUpdated Source

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