5635 Thomas RdPhoenix, AZ 85018

  • Other commercial real estate
  • 0.47 AC
For Sale
$3,500,000 View listing

Property Details for 5635 Thomas Rd

Lot size
0.47 AC
Zone code
S-R
Property type
Other commercial real estate
APN
129-28-001
APU
12928001

Description

This ±8,672 square foot, single-story Class B office building, located at 5635 E Thomas Road in Phoenix, Arizona, presents a compelling owner-user opportunity. Built in 1988 and extensively renovated in 2019, the property boasts contemporary finishes throughout and is situated in the highly desirable Arcadia area. The building offers prominent signage opportunities on Thomas Road, a major thoroughfare with approximately 29,000 vehicles passing daily, providing excellent visibility and direct exposure to the Arizona Country Club. The location offers easy access to major freeways including Loop 101, Loop 202, and SR-51, ensuring seamless commutes. The property features multiple points of entry/exit, two private patios, and ample parking with convenient drive-around access. The building is zoned S-R and has an APN of 129-28-001 & 129-28-002. Its proximity to upscale dining, shopping, hotels, and retail amenities in Arcadia, Biltmore, and Old Town Scottsdale, along with nearby attractions like the Global Ambassador, Phoenician, Buck & Rider, and Steak 44, enhances its appeal. The asking price is $3,500,000. The property could potentially be delivered fully furnished.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,396,914
    Hospitality
    $5,859,538
    Educational
    $4,875,067
    Medical
    $5,042,728
    Retail
    $7,583,438
5635 Thomas Rd, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4797
Longitude
-111.959
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,594
-
-
$83,639
-
$506,900
-
$506,900

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