5912 Bell RdGlendale, AZ 85308

Property Details for 5912 Bell Rd

Year built

1987

Construction

STEEL FRAME

Lot size

0.44 AC

Property size (Sq ft)

3,063 SF

Zone code

PAD

Property type

Grocery and convenience stores

APN

200-48-006B

APU

20048006B

Description

This exceptional 2,548-square-foot retail property is ideally situated at the prominent intersection of Bell Road and 59th Avenue in Glendale, Arizona. Boasting excellent Bell Road frontage, this single-tenant space offers unparalleled visibility and accessibility. Located in the premier Arrowhead trade area, the property benefits from a substantial population base, with over 325,152 residents within a 3-mile radius. High daily traffic counts on Bell Road, approximately 69,191 trips per day, ensure consistent exposure to potential customers. The property's strategic location near major institutions further enhances its appeal. It's within close proximity to Midwestern University (approximately 3,000 students) and less than a mile from Arizona Christian University (over 1,000 students). Furthermore, its proximity to Banner Thunderbird Medical Center, a large hospital with over 500 beds, provides a significant source of potential clientele. The property's address is 5912 W Bell Rd, Glendale, AZ 85308, in Maricopa County. This location offers a unique opportunity for businesses seeking high visibility and access to a large and diverse customer base. The property is classified as retail, specifically suitable for restaurant or shop use.

• CAP approach

  CAP return

  Valuation

  6%

  $779,700

  6.5%

  $719,723

  7%

  $668,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,189,847

  Geo Method

  $1,189,847

• Alternative Use

  Use

  Valuation

  Residential

  $607,113

  Hospitality

  $556,112

  Educational

  $462,679

  Medical

  $478,591

  Retail

  $719,723

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Latitude

33.6391

Longitude

-112.187

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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