4935 Glendale AveGlendale, AZ 85301

  • Strip malls
  • 23,607 SF

Property Details for 4935 Glendale Ave

Year built
1982
Construction
CONCRETE
Lot size
1.51 AC
Property size (Sq ft)
23,607 SF
Zone code
C-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
146-17-169B
APU
14617169B

Description

This exceptional retail property, located at 4935 W Glendale Ave in Glendale, Arizona, presents a fantastic leasing opportunity. The Glendale Town Center, situated on a 1.51-acre lot, offers a total of 21,600 square feet of retail space. Currently, there are 2,400 square feet of vacant space available, divisible into units as small as 1,200 square feet. The maximum contiguous space available for lease is also 1,200 square feet. Built in 1982, this strip center is zoned C-2, Glendale, and is ideally located within the Glendale Ret submarket of Maricopa County. The property's address is 4935 W Glendale Ave, Glendale, AZ 85301 (APN: 146-17-169B). This presents a unique chance to establish or expand a business in a well-established commercial area. The property's convenient location and ample space make it an attractive option for a variety of retail businesses. Interested parties should inquire about lease terms and availability. The property offers excellent visibility and accessibility, making it an ideal location for attracting customers. Don't miss this opportunity to secure prime retail space in a thriving Glendale location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,102,918
    6.5%
    $5,633,464
    7%
    $5,231,073
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,170,328
    Geo Method
    $9,170,328
  • Alternative Use

    Use
    Valuation
    Residential
    $4,752,037
    Hospitality
    $4,352,840
    Educational
    $3,621,512
    Medical
    $3,746,062
    Retail
    $5,633,464

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.5381
Longitude
-112.167
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
$28,188
-
-
$488,445
-
$625,900
$2,334,372
$2,960,272

FAQs

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