120 E Watkins St, Phoenix, AZ 85004 Property Records

Maricopa County property record for 120 E Watkins St, Phoenix, AZ 85004

Property Summary

Property Type	Light Industrial
Details	88,140 sqft · built 1980
Lot Size	2.2 acres (95,876 sqft)
Owner	Company Name on Record
Last Sale	$16,775,000 (Apr 2024)
Tax Bill	$66,616 (2025)
Deeds & Mortgages	Apr 2024 Sale Apr 2021 Sale & Mortgage
Flood Zone	Zone X (moderate risk)
APN	`112-42-007C`

Property Details

APN / Parcel Number

Primary APN	`112-42-007C`
Alternative APN	`3711200638`

Interior

Stories	1 Story
Building Area	88,140 sqft Total Area
1st Floor Area	88,140 sqft

Exterior

Year Built	Built 1980
Exterior Material	Concrete Block
Construction Type	Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	95,876 sqft (2.2 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Package Unit

Location & Zoning

Account Number	3711200638
Street Address	120 E WATKINS ST
City	PHOENIX
State	AZ
Zip	85004-2906
Property Category	Industrial
Property Type	Industrial > Light Industrial
Local Zoning Code	C-3
Legal Description	SMITH & WARD SUBDIVISION MCR 3/28 PT LOT 4 DAF BE G AT SW COR N2 SE4 SEC 17 T1N R3E TH E 364.49F TH N 5.16F TO N LI OF EXISTI
Legal Range	03E
Legal Township	01N
Legal Section	17
Legal Quarter	SE
Quarter-Quarter Section	NW
Legal Subdivision	SMITH & WARD SUB 1-8
Legal Lot Number	4
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	3
Census Block	3010
Census Tract	114900

Owner

Source: Maricopa County records, as of November 20, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on Record
Mailing Address	345 PARK AVE, NEW YORK, NY 10154-0023
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 2, 2024	Special Warranty Deed, Transfer LA COMMONWEALTH TITLE, COMMONWEALTH TITLE
Apr 13, 2021	Special Warranty Deed, Transfer · Commercial Mortgage HEITMAN CREDIT ACQUISITION XXII LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 2, 2024 · Amount on Record
Deed Sale	Apr 2, 2024 · Amount on Record
Prior Sale	Apr 13, 2021 · Amount on Record
Deed Document Number	20240169740
Record Updated	Jun 8, 2026

April 2024: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Apr 2, 2024
Property Address	120 E WATKINS ST, PHOENIX, AZ 85004-2906
Document Number	0000169740
Map Reference	MB 3 PG 28
Instrument Date	Apr 2, 2024
Instrument	20240169740
Transaction Type	Transfer
Record Updated	Apr 19, 2024
Title Company	LA COMMONWEALTH TITLE, COMMONWEALTH TITLE

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	30 HUDSON ST # YARDS75TH, YARDS75TH, NEW YORK, NY 10013-3811

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	345 PARK AVE, NEW YORK, NY 10154-0004
Mail Care Of	BLACKSTONE REAL ESTATE

April 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Apr 13, 2021
Property Address	120 E WATKINS ST, PHOENIX, AZ 85004-2906
Document Number	0000410839
Map Reference	MB 3 PG 28
Instrument Date	Mar 19, 2021
Instrument	20210410839
Transaction Type	Transfer
Record Updated	Mar 5, 2024
Title Company	OLD REPUBLIC NATL TTL INS CO

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	120 N LA SALLE ST # ST2900, ST2900, CHICAGO, IL 60602-2424

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 847, CARLSBAD, CA 92018-0847
Mail Care Of	RYAN PROPERTY TAX CONSULTING

Mortgage

Document Number	0000411980
Date	Apr 13, 2021
Instrument	20210411980

Lender

Name	HEITMAN CREDIT ACQUISITION XXII LLC
Type	Non-Lending Institution
Address	CHICAGO, IL 60606

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Elementary School District	Phoenix Elementary District (PK - 08)
Secondary School District	Phoenix Union High School District (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,665,599 (-8.46%)	$10,745,800 (-2.56%) Land $1,186,100 Building $9,559,700
2025	$66,616.00 (+0.95%)
2024		$1,819,571	$11,027,700 Land $1,039,100 Building $9,988,600
2023	$65,986.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 215 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
Verizon Fixed Wireless	300 / 20
AirFiber WISP Fixed Wireless	100 / 25
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink.

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