Skip To Content

    5810 N 59th Drive

    Glendale, AZ 85301
    • $795,000
    • STATUS: Pending
    • ON SITE: 86 days
    • MLS #: 6195133
    Pending
    UPDATED: 161 min ago
    $795,000
    • 0
      BEDS
    • 3.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    City approved zoning and design ready to go for a 33 unit modern apartment development. Developers can simply give architect the go ahead to finish construction docs and start building in just a few months. Fantastic rental area, with almost zero lease up time. Gated, all 2 BR/2 BA design with washer dryer, individually metered, and nice sized balcony's accessible from both the living room and master bedroom. There are four (4) identical 8-plex buildings, easy and efficient build out. Cash sale preferred. Open to negotiation on JV with some cash down. R-4 zoning allows for up to 70 units to be built (20 units/acre) should owner wish to do a different layout than currently designed and City of Glendale approval is obtained. Parking spaces of 2.3/unit.

    Monthly Payment Calculator



    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group Real Estate. Data last updated 2021-05-14T00:13:28.86.
    www.freescottsdalemlssearch.com/homes/114286441
    Print Image

    5810 N 59th Drive Glendale, AZ 85301

    • Price: $795,000
    • Status: Pending
    • Updated: 161 min ago
    • MLS #: 6195133
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.53
    Acres
    County:
    Maricopa
    Area:
    Glendale
    Property Description
    City approved zoning and design ready to go for a 33 unit modern apartment development. Developers can simply give architect the go ahead to finish construction docs and start building in just a few months. Fantastic rental area, with almost zero lease up time. Gated, all 2 BR/2 BA design with washer dryer, individually metered, and nice sized balcony's accessible from both the living room and master bedroom. There are four (4) identical 8-plex buildings, easy and efficient build out. Cash sale preferred. Open to negotiation on JV with some cash down. R-4 zoning allows for up to 70 units to be built (20 units/acre) should owner wish to do a different layout than currently designed and City of Glendale approval is obtained. Parking spaces of 2.3/unit.
    Exterior Features

    Land Configuration Irregular Shape Land Features Dual Street Ftg Lot Size Dimensions 195 Feet X 715 Feet Roughly Parcel Size 2.50 - 4.99 Acres Road Streets Asphalt

    Property Features

    Cross Street 59th Ave & Bethany Home Development Status Plans AvailablePlans IncludedRaw Land Electric Srp Existing Land Use Residential Lot For Sale Or Lease Sale Gas Sw Gas Hoa YN N Hoa2 YN N New Financing CashConventionalSeller May Carry Potential Use Multi-Family Sewer Sewer - Public Special Listing Conditions N/A Tax Year 2020 Taxes 3927.00 Water City Franchise Zoned Presently Multi-Family Zoning R-4

    Listing courtesy of Svn/Desert Commercial Advisors.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group Real Estate. Data last updated 2021-05-14T00:13:28.86.
     
    https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6195133-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6195133-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6195133-2.jpg
    Logo
    My Home Group Real Estate
    8350 E. Raintree Dr. Suite 210
    Scottsdale AZ, 85260