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26474946
26474947

5150 N 51st Ave, Glendale, AZ 85301

MS
AZ SA678600000
Rein & Grossoehme Commercial Real Estate
PS
AZ SA523369000
Rein & Grossoehme Commercial Real Estate
JH
AZ SA703452000, AZ 642347000
Rein & Grossoehme Commercial Real Estate
Listed by Rein & Grossoehme Commercial Real Estate
Unpriced
292 days on market
Updated 61 days ago
Opportunity zone

5150 N 51st Ave. Glendale, AZ 85301

Details
APN 144-34-975, 144-34-976, 144-34-977
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 601,432
Broker Co-Op Yes
Buildings 20
Stories 1
Acreage 37.300
Zoning M-1 / M-2

±37.30 AC Functional IOS Site with Redevelopment Potential for Sale

Marketing description

Functional IOS site with redevelopment potential available for sale with ±601,432 SF of metal buildings on ±37.30 AC, zoned M-1/M-2. The property is located less than ±0.5 miles to BNSF and 1 mile to US-60/Grand Ave, with frontage on 51st Ave. Ideal uses include bulk material storage, trailer or container yard, industrial service facility or contractor yard. Offered for sale at $1,350,000 per acre, the site can purchased in full or can be demised to the following options:

Option 1: Western Parcel -

- ±9.45 AC with 5 Buildings (±147,920 SF)

- Ingress/Egress from 55th Ave

- APN#: 144-34-975

Option 2: Eastern Parcel -

- ±12.41 AC with 7 Buildings (±180,480 SF)

- Ingress/Egress from 51st Ave

- APN#: 144-34-976

Option 3: Southern Parcel -

- ±15.44 AC with 8 Buildings (±273,032 SF)

- Ingress/Egress from Orange or 53rd Ave

- APN#: 144-34-977

Investment highlights

  • ±37.30 AC with ±601,432 SF of Buildings - Functional IOS Site

  • Currently Producing $2.9M Annually (Month to Month Leases)

  • Partially Asphalt Paved

  • Fully Fenced with Frontage Along 51st Ave

  • ±0.5 Miles to BNSF | Within 1 Mile to US-60/Grand Ave

  • Divisible Site - Contact Broker for Options

Listing Contacts

MS
AZ SA678600000
Rein & Grossoehme Commercial Real Estate
PS
AZ SA523369000
Rein & Grossoehme Commercial Real Estate
JH
AZ SA703452000, AZ 642347000
Rein & Grossoehme Commercial Real Estate
Listed by Rein & Grossoehme Commercial Real Estate

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Additional Information

Name
Max Schumacher, SIOR
License
SA678600000
Brokerage Phone
4802149400
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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