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5939 W Missouri Ave
2.77 Acres of Residential Land Offered at £785,055 in Glendale, AZ 85301
Investment Highlights
- READY TO BUILD: Permits are ready to be pulled with city-approved construction documents in hand.
- Prime Location: Situated in the desirable Ocotillo neighborhood in Glendale, between Bethany Home Road and Camelback Road, from 67th Ave to 59th Ave.
- Urban Infill Redevelopment: Repurposes an underutilized site to create a highly compatible residential community.
- 33 Modern Townhomes: 2-story units equipped with washer/dryer, individually metered utilities, and spacious balconies.
- Fantastic Rental Opportunity: Located in a high-demand rental area surrounded by multi-family residential uses.
- Enhanced Living Experience: Designed to provide efficient, comfortable dwelling units and a variety of amenities to enrich residents' lives and foster
Executive Summary
City-approved construction documents are now available for a 33-unit, 2-story modern townhome development in the highly desirable rental area of the Ocotillo neighborhood in Glendale. This project will transform an underutilized urban infill site into a vibrant community, surrounded predominantly by multi-family residential properties, located between Bethany Home Road and Camelback Road, from 67th Ave to 59th Ave.
Each unit is designed for modern living, featuring in-unit washers and dryers, individually metered utilities, and spacious balconies. The vision for this development is to create a charming residential community that offers efficient, comfortable living spaces complemented by a range of amenities to enhance residents' lifestyles and foster a strong sense of community.
Property Facts
| Price | £785,055 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 2.77 AC |
| Price | £785,055 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.77 AC |
1 Lot Available
Lot
| Price | £785,055 | Lot Size | 2.77 AC |
| Price Per AC | £283,413 |
| Price | £785,055 |
| Price Per AC | £283,413 |
| Lot Size | 2.77 AC |
Located S of SEC of 59th Avenue and W Missouri Avenue in Glendale just north of Camelback Rd and S of Bethany Home Rd. Within 2 Miles of Hwy 60.
Description
The O'Neil Ranch Association oversees the area, which includes 1,332 single-family units, 10 multi-family units, 75 commercial properties, and 5 vacant lots. The neighborhood is bordered to the north by Bethany Home Road, to the south by Camelback Road, to the east by 59th Ave, and to the west by 67th Ave. The utility services are provided by SRP, and a notable landmark in the area is O'Neil Park. The Ocotillo Council District and Glendale School District serve the community. Owner/Agent
PROPERTY TAXES
| Parcel Number | 144-28-155 | Improvements Assessment | £0 |
| Land Assessment | £25,472 | Total Assessment | £25,472 |
PROPERTY TAXES
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Carrick Sears -
SVN | Desert Commercial Advisors
Presented by
5939 W Missouri Ave
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