NOT LISTED FOR SALE

Estimated Value: $48,404,516

-- Bed
-- Bath
96,000 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $3,600,393 $38 Per Sq Ft

Est. 1,244% increase in value since last sale

Current estimated payment $304,023/month

24 Days on Market

Highlights

  • 2.21 Acre Lot
  • ENERGY STAR Qualified Equipment for Heating
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of January 2019

New Office space on Camelback & 28th St

Last Agent to Sell the Property

Karl Tunberg

eXp Realty License #BR014015000 Listed on: 01/25/2019

Last Buyer's Agent

Karl Tunberg

Hague Partners License #BR014015000

Property Details

Property Type

  • Other

Lot Details

  • 2.21 Acre Lot
  • Property is zoned [C-O]

Home Design

  • Tilt Up Walls
  • Foam Roof

Parking

  • 200 Open Parking Spaces
  • 600 Parking Spaces
  • 400 Covered Spaces

Additional Features

  • Concrete Flooring
  • ENERGY STAR Qualified Equipment for Heating

Community Details

  • 2 Buildings
  • Gibraltar Estates Plat 4 Subdivision

Listing and Financial Details

  • Property Available on 1/1/19
  • Assessor Parcel Number 163-14-067-D

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: 28th St & Camelback
  • Property Type: Comm/Industry Lease
  • Zoning: [C-O]
  • Current Use: Office
  • Number Of Buildings: 2
  • Lease Info Annual C A M Sq Ft: 19.0
  • Lease Info Annual Exp Stop Sq Ft: 9.8
  • Lease Info Annual Lease Price: 730800.0
  • Lease Info Annual Lse Prc P S F: 56.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 7
  • Lease Info Space Divisible: Yes
  • Tax Year: 2017
  • Lot Size Acres: 2.21
  • Subdivision Name: GIBRALTAR ESTATES PLAT 4
  • Structure Type: Office, Other (See Remarks)
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Tilt-Up
  • Roof: Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 400.0
  • Open Parking Spaces: 200.0
  • Total Parking Spaces: 600.0
  • General Property Description:Covered Parking Spcs: 400.0
  • General Property Description:Uncvrd Parking Spcs: 200.0
  • General Property Description:Total Parking Spcs: 600.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Office A/C, ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment
  • Green Building Features: Other (See Remarks)
  • Heating:ENERGY STAR Qualified Equipment: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 96430.0
  • Additional Parcels: No
  • Parcel #: 163-14-067-D
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-01-01

Multi Family

  • Leasable Area: 12600.0

Tax Info

  • Tax Annual Amount: 93006.0
  • Tax Book Number: 163.00
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Hf1-D Phoenix 2207 Llc
Bought by
Camelback Collective Llc and Gj Partners Llc
Current Estimated Value
$48,404,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,950,000
Outstanding Balance
$28,900,592
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$37,905,850

Purchase Details

Closed on
Jul 19, 2022
Sold by
Hl Camelback Office Llc
Bought by
Hf1-D Phoenix 2207 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Camelback Collective Llc $48,250,000 Chicago Title Agency
Hf1-D Phoenix 2207 Llc $66,350,000 Thomas Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camelback Collective Llc $28,950,000
Closed Camelback Collective Llc $2,750,000
Closed Hf1-D Phoenix 2207 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $3,600,393 +6238.7% $38 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $56,800 -- $1 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $568,707 $4,440,140 -- --
2024 $570,252 $4,360,852 -- --
2023 $570,252 $6,257,088 $821,355 $5,435,733
2022 $569,520 $5,746,773 $681,818 $5,064,955
2021 $477,017 $4,599,864 $731,772 $3,868,092
2020 $469,589 $4,328,388 $533,592 $3,794,796
2019 $375,214 $3,193,092 $508,194 $2,684,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5873014

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-14-074