2701 Thomas Rd Phoenix, AZ 85016-8218
Property profile & analytics
2701 Thomas Rd, Phoenix, AZ 85016-8218
- Office buildings
- 1,680 SF
- 0.03 lot acres
Property ID
US07-0327129
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- ieLinks / (Bike/Boat/Book/etc) Store / Corporate Office
- HealthMarkets Insurance - Kenny Tims / Insurance Agency
- HealthMarkets Agency / Insurance Agency
- Thomas Plaza Funnybags / Business Service Center / Corporate Office
Property Details for 2701 Thomas Rd
- Year built
- 1975
- Construction
- CONCRETE
- Lot size
- 0.03 lot acres
- Zone code
- R-5
- Property type
- Office buildings
- APN
- 120-34-064
- APU
- 12034064
Description
Thomas Plaza, located at 2701 E Thomas Rd, Phoenix, AZ 85016, presents a unique redevelopment opportunity. This 1.09-acre property encompasses 11 individually owned office condos totaling approximately 16,460 square feet, currently occupied by various tenants including information Engineering, Law Office of Ray A Ybarra Maldonado, PLC, P Msi, Rea Ann Kicker, American Pool AZ, CSA advocates, Landmark Associates Inc, John Catanzaro Cpa, H G Subs, Inc, Law Office Of Joseph Maisto Office, and Schnookie LLC Office. The property is zoned R-5, allowing for a high density of up to 40 units per acre, making it ideal for conversion into a multifamily development. The existing building, constructed in 1975, is a single-story structure. The asking price is $3,561,000, translating to $216.34 per square foot. Its strategic location on a hard corner at the intersection of 27th Street and Thomas Road offers excellent visibility and accessibility. Furthermore, its proximity to major roadways such as SR-51, Loop 202, and I-10, along with its closeness to the Arcadia Lite, Camelback Corridor, and Phoenix Sky Harbor International Airport, ensures strong leasing potential for multifamily units. The high demand for multifamily housing in this growing and gentrifying submarket minimizes leasing concerns for potential buyers. Numerous nearby retail amenities further enhance the property's appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.023
- Latitude
- 33.4802
- 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
2022
$2,068
$0.00
$0.00
$32,175
-
$39,000
$156,000
$195,000
