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    342 Thomas Rd Phoenix, AZ 85012-3202
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    Property profile & analytics

    342 Thomas Rd, Phoenix, AZ 85012-3202

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    • Office buildings
    • 1,615 SF
    • 0.17 lot acres
    Off-Market
    Last Sale May 21, 2021
    Property ID
    US07-3366642
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Cultural Cup Food Bank / Food Bank / Charitable Organization

    Property Details for 342 Thomas Rd

    Year built
    1965
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Zone code
    R-5
    Property type
    Office buildings
    APN
    118-21-069
    APU
    11821069

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 21, 2021 — Suncor Partners Thomas Office LLC Tempe Public Market LLC Special Warranty Deed —
    Apr 27, 2021 $1,100,000 Tempe Public Market LLC Mcp Southwest Holdings Limited Part Special Warranty Deed —
    Mar 30, 2011 — Mcp Southwest Holdings LP Pike Michael C Trust Grant Deed · related —
    Mar 21, 2011 — Pike Michael & Sandra Trust Pike,michael C Quit Claim Deed · related —
    Sep 6, 2007 — Owner Name Unavailable Owner Name Unavailable Quit Claim Deed —
    Aug 22, 2005 $700,000 Kevin R Miller J Mcdonald & Co Ltd Grant Deed —
    — — J Mcdonald & Co Ltd — Deed Of Trust · related $160k · Wells Fargo Bank

    Description

    This exceptional 1,667 square foot single-tenant office building is ideally situated in Phoenix's Midtown submarket, at 342 E Thomas Road, near the intersection of 7th Street and Thomas Road. Built in 1965 and extensively renovated in 2023, this Class B property offers a unique blend of traditional and creative office space, perfect for a variety of businesses. The building features an open wood truss ceiling, a dedicated break area, and a restroom. Abundant natural light floods the space, creating a bright and inviting atmosphere. The property is highly customizable, allowing tenants to tailor the space to their specific needs. Convenient pull-up parking is readily available, and prominent building signage on Thomas Road ensures excellent visibility. The zoning is R-5,CO. The building boasts approximately 2.4 parking spaces per 1,000 square feet. A new restaurant is slated to open on-site soon, adding further convenience and amenity value. This one-story building presents a fantastic opportunity for businesses seeking a modern, well-located office space in a thriving Phoenix neighborhood. The entire 1,667 square feet is currently vacant and ready for immediate occupancy.


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    Location Insight

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    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.068
    Latitude
    33.4805
    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
    $3,226
    $0.00
    $0.00
    $93,951
    -
    $475,300
    $94,100
    $569,400
    More about this property
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