5511 51St AveGlendale, AZ 85301

For Lease
$13.80/SF/YR View listing
  • Commercial real estate
  • 0.26 AC

Property Details for 5511 51St Ave

Year built
1980
Construction
STEEL FRAME
Lot size
0.26 AC
Zone code
M-2
Property type
Commercial real estate
APN
145-01-001X
APU
14501001X

Description

This Glendale, Arizona warehouse offers a fantastic opportunity for businesses seeking flexible industrial space. Located at 5511 N 51st Ave, this Class B property boasts a total of 26,793 square feet, with units divisible down to 1,920 square feet. The building, constructed in 1986, features a single story with a generous 16-foot ceiling height. Three drive-in doors provide convenient access for loading and unloading. The property sits on 1.89 acres of land and is zoned M-1, allowing for a variety of industrial uses. Power is provided by a 400-amp service. One available suite offers approximately 1,920 to 5,760 square feet and includes features such as a 10' x 10' roll-up door, three offices, a reception area, and a bathroom. The modified gross lease rate is $1.15 per square foot. This well-located warehouse in Maricopa County offers easy access to major transportation routes, making it an ideal location for distribution and logistics businesses. The property's features and flexible space options make it a highly desirable location for a variety of industrial tenants. The building's ample space and convenient amenities provide a functional and efficient workspace. This is a rare opportunity to secure industrial space in a prime Glendale location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,153,596
    Hospitality
    $2,888,677
    Educational
    $2,403,345
    Medical
    $2,486,000
    Retail
    $3,738,537
5511 51St Ave, Glendale, Arizona

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.5176
Longitude
-112.168
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$780
-
-
$13,398
-
$81,200
-
$81,200

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