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2440 W Thomas Rd, Phoenix, AZ 85015 Property Records

Maricopa County property record for 2440 W Thomas Rd, Phoenix, AZ 85015

Property Summary

Property TypeFast Food Restaurant
Details2,413 sqft · built 1990
Lot Size0.53 acres (23,087 sqft)
OwnerCompany Name on Record
Last Sale$2,830,000 (Sep 2025)
Tax Bill$14,694 (2025)
Deeds & MortgagesJun 2024 Mortgage
Sep 2025 Sale
+ 1 more
Flood ZoneZone X (moderate risk)
APN110-36-010-E

Property Details

APN / Parcel Number

Primary APN110-36-010-E
Alternative APNs
  • 11036010E3
  • 2011007115

Interior

Stories1 Story
Building Area2,413 sqft Gross Area
1st Floor Area2,413 sqft

Exterior

Year BuiltBuilt 1990
Effective Year BuiltEffective 1995
Exterior MaterialConcrete
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Roof MaterialBuilt-Up Asphalt
Lot Area23,087 sqft (0.53 acres)
View / LotCorner

Utilities, Heating & Cooling

Heating SystemHVAC
SewerMunicipal

Location & Zoning

Street Address2440 W THOMAS RD
CityPHOENIX
StateAZ
Zip85015-5938
Property CategoryCommercial
Property TypeCommercial > Retail > Fast Food Restaurant
Local Zoning CodeC-G
Legal DescriptionPT SW4 SE4 SW4 DAF BEG 100.14 E & 33.05 N OF SW COR TH N 5D 30 W 157.26 ALG R/W LN H/W E 159.06F S 2D 12M E 157F TH W 150F TO POB EX RD P/D 88-148498
Legal Range2E
Legal Township2N
Legal Section25
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group3
Census Block3007
Census Tract117000

Owner

Source: Maricopa County records, as of June 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address2440 W THOMAS RD, PHOENIX, AZ 85015-5938
Owner TypeCompany
VestingLimited Partnership

Deeds, Mortgages & Sale History

DateDocument
Jun 18, 2024Deed of Trust, Mortgage · Commercial Mortgage
FIRST FIDELITY BANK
Sep 26, 2025Special Warranty Deed, Transfer
UNKNOWN, THOMAS T&E AGENCY
Jan 31, 2024Special Warranty Deed, Transfer · Stand-Alone First Mortgage
TIERRA FINANCIAL SERVICES LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 26, 2025 · Amount on Record
Deed SaleSep 26, 2025 · Amount on Record
Prior SaleJan 31, 2024 · Amount on Record
Deed Document Number2025556524
Prior Transfer DateJan 30, 2024
Prior Transfer Doc0000162312
Record UpdatedSep 20, 2026

June 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address2440 W THOMAS RD, PHOENIX, AZ 85015-5938
Transaction TypeMortgage
Record UpdatedOct 16, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address4771 N 20TH ST B22, B22, PHOENIX, AZ 85016-4706

Mortgage

Document Number0000324940
DateJun 18, 2024
Instrument20240324940
Lender
NameFIRST FIDELITY BANK
TypeBank
AddressOKLAHOMA CITY, OK 73123
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

September 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateSep 26, 2025
Property Address2440 W THOMAS RD, PHOENIX, AZ 85015-5938
Document Number0000556524
Instrument DateSep 24, 2025
Instrument20250556524
Transaction TypeTransfer
Record UpdatedOct 16, 2025
Title CompanyUNKNOWN, THOMAS T&E AGENCY

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address471 N 20TH ST # STB22, STB22, PHOENIX, AZ 85006-3904

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 361243, MILPITAS, CA 95036-1243

January 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateJan 31, 2024
Property Address2440 W THOMAS RD, PHOENIX, AZ 85015-5938
Document Number0000049885
Instrument DateJan 30, 2024
Instrument20240049885
Transaction TypeTransfer
Record UpdatedFeb 7, 2024
Title CompanyKENSINGTON VANGUARD NATIONAL LAND, KENSINGTON VANGUARD NATL TTL

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address1323 SIERRA ST, REDWOOD CITY, CA 94061-2116

Transferred To (Grantee/Buyer)

NameVerified Name
Address4771 N 20TH ST # B22, B22, PHOENIX, AZ 85016-4706

Mortgage

Document Number0000049886
DateJan 31, 2024
Instrument20240049886
Lender
NameTIERRA FINANCIAL SERVICES LLC
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityPhoenix City
Elementary School DistrictPhoenix Elementary District (PK - 08)
Secondary School DistrictPhoenix Union High School District (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$131,066 (+26.71%)$845,588 (+4.2%) Land $297,971 Building $547,617
2025$14,694.00 (+3.01%)$103,441 (-25.31%)$811,500 (-3.31%) Land $260,700 Building $550,800
2024$14,265.00 (-1.99%)$138,485 (+17.36%)$839,300 (+20.92%) Land $253,100 Building $586,200
2023$14,555.00 (+0.73%)$117,997 Land $34,255 Building $83,742$694,100 Land $201,500 Building $492,600
2022$14,450.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskNot 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 SystemCITY OF PHOENIX
serves 1,695,000 people · EPA ID AZ0407025
Water SourceSurface water
Last State InspectionDec 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTurbidity
resolved · Jan 2021
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 726 locations within half a mile, as of December 31, 2025

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

May also be available: CenturyLink, GeoLinks, Verizon.

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