$525,000
$25K PRICE DROP

314 E Thomas Rd Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated payment $3,098/month

Total Views 1,007
-- Bed
-- Bath
1,122 Sq Ft
$468 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: 07/17/2025

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
  • Directions: While heading West on Thomas Rd, the building is on the North side of the road just East of 3rd St.
  • 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

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 $3,102 $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 Change Sq Ft Price
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
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 $100,000 New Conventional
Closed $70,000 Commercial
Closed $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

Arizona Maricopa County Phoenix 85004 Midtown Phoenix

314 E Thomas Rd, Phoenix, AZ

This home is located at 314 E Thomas Rd, Phoenix, AZ 85012 and is currently priced at $525,000, approximately $467 per square foot. This property was built in 1947. 314 E Thomas Rd is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Brett Nicholas
Listing Agent
Brett Nicholas
Section Image
RE/MAX Fine Properties
(602) 527-2929