$515,000
$35K PRICE DROP

Estimated payment $2,938/month

Total Views 191
-- Bed
-- Bath
1,122 Sq Ft
$459 Price per Sq Ft

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heating unit installed on the ceiling

About This Home

Beautifully Updated Stand-Alone Office in Prime Central Phoenix Location: Don't miss this fantastic opportunity to own a fully updated, stand-alone office building in the heart of Central Phoenix! Offering 1,122 square feet of well-designed space, this property features a welcoming reception area, four private offices, a modern break room, and a stylish bathroom. Enjoy excellent visibility with prominent signage on high-traffic Thomas Road, plus the convenience of dedicated on-site parking. Perfect for a professional office or small business ready to make an impression.

Listing Agent

Brett Nicholas

RE/MAX Fine Properties License #SA687827000 Listed on: 01/20/2026

RE/MAX Fine Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1947

Lot Details

  • 5,875 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • 1,122 Sq Ft Home
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 118-21-082

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Mayfair Subdivision
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$3,102

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd & 3rd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 1
  • Year Built: 1947
  • Tax Year: 2024
  • Lot Size Acres: 0.13
  • Subdivision Name: MAYFAIR
  • Structure Type: Commercial, Office
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1122.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Ceiling
  • Green Building Features: Conference Room, Reception Room, Kitchen, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Ceiling: Yes

Lot Info

  • Lot Size Sq Ft: 5875.0
  • Parcel #: 118-21-082

Multi Family

  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 3102.0
  • Tax Book Number: 118.00
  • Tax Lot: 18
  • Tax Map Number: 21.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,113 $23,972 -- --
2024 $3,088 $23,544 -- --
2023 $3,088 $60,554 $45,951 $14,603
2022 $3,161 $54,513 $40,653 $13,860
2021 $3,306 $58,320 $41,814 $16,506
2020 $3,223 $49,374 $35,226 $14,148
2019 $3,083 $34,668 $16,740 $17,928
2018 $2,981 $33,516 $15,498 $18,018
2017 $2,737 $31,374 $16,146 $15,228
2016 $2,640 $26,604 $15,084 $11,520
2015 $2,522 $21,682 $15,096 $6,586
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2026 01/20/26 For Sale $515,000 0.0% $459 / Sq Ft
01/15/2026 01/15/26 Sold $515,000 0.0% $459 / Sq Ft
10/31/2025 10/31/25 Pending -- -- --
10/01/2025 10/01/25 Pending -- -- --
09/10/2025 09/10/25 Price Changed $515,000 -1.9% $459 / Sq Ft
08/26/2025 08/26/25 Price Changed $525,000 -4.5% $468 / Sq Ft
07/17/2025 07/17/25 For Sale $550,000 +24409.8% $490 / Sq Ft
01/01/2023 01/01/23 Sold $2,244 0.0% $2 / Sq Ft View Prior Sale
10/21/2022 10/21/22 For Sale $2,244 -- $2 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Grand Canyon Title Agency In
Cash Sale Deed $150,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6893838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-21-082