$91,450
Phoenix, AZ 85016
MLS# 6898339
Status: Closed
1 / 17
Property Description
AUCTION ends August 27th for this office condo with 4-offices, 2 en-suite bathrooms. Office shall be sold to the highest bidder over $90,000. Check the comps, then preview, register, and bid.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $91,450
Sold Price: $91,450
Status: Closed
List Date: 2025-07-28
Location, Tax & Legal
Unit #: J
Assessor's Map #: 34
Legal Description (Abbrev): THOMAS PLAZA MCR 163-32 BLDG 1 TOG W UNDIV 8.175% INT IN COMMON ELEMENTS & ALSO N2 ABAND ALLEY LY SL
Assessor's Parcel #: 54
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 111502
Taxes: 1274
Legal: THOMAS PLAZA MCR 163-32 BLDG 1 TOG W UNDIV 8.175% INT IN COMMON ELEMENTS & ALSO N2 ABAND ALLEY LY SL
House Number: 2701
Compass: E
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 8218
County Code: Maricopa
Subdivision: THOMAS PLAZA CONDOMINIUM
Assessor Number: 120-34-054
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 1026
# of Buildings: 1
Uncvrd Parking Spcs: 4
Year Built: 1975
Zoning: R5
Legal Info
Range: 3E
Section: 35
Township: 2N
Lot Number: J
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Rolled: 1
Floors
Carpet: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 1762.08
Operating Exp: 3036.08
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Other: 1
Pmt & Rate Info
Cap Rate: 3.05
Equity: 90000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
No Notification Required to Show: 1
Lockbox Type
Supra: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Heat Pump: 1
Cooling
Central Air: 1
Office A/C: 1
Loading Facilities
None: 1
Interior
Finished: 1
Smoke Detector(s): 1
Security Light(s): 1
Private Restrooms: 1
Roads/Streets
Asphalt: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Exterior
Corner Lot: 1
Source of Fincl Data
Owner: 1
Traffic Count
15,001 to 25,000: 1
Fencing
Security: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Amenities
Conference Room: 1
Kitchen: 1
Security Gate: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
Special
Have First Right: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Ln Type
Not Applicable: 1
Existing 1st Ln Trms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Ln Type
Not Applicable: 1
Existing 2nd Ln Trms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Existing 3rd Ln Trms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-647-4900
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: Thomas Road and 27th Street
Directions: From 51 freeway, go east on Thomas to 27th Street. Office is on southeast corner of Thomas and 27th Street, Suite J.
Geo Lat: 33.479903
Geo Lon: -112.022921
Status Change Info
Off Market Date: 2025-09-16
Under Contract Date: 2025-09-12
Close of Escrow Date: 2025-09-18
Sold Price: $91,450
Income Expenses
Net Operating Income: 2748.08
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical; Professional/Office; Other
Construction: Block; Stucco; Wood Frame
Roofing: Rolled
Floors: Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central Air; Office A/C
Loading Facilities: None
Interior: Finished; Smoke Detector(s); Security Light(s); Private Restrooms
Exterior: Corner Lot
Fencing: Security
Amenities: Conference Room; Kitchen; Security Gate
Parking Features: Free; Parking Lot; Paved
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only
Showing Notification Methods: No Notification Required to Show
Lockbox Type: Supra
Special: Have First Right
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 15,001 to 25,000
Use Restrictions: CC&R's
Environmental: None
Listing Office: Barrett Real Estate
Last Updated: September - 19 - 2025
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