4500 S 40th St, Phoenix, AZ 85040 Property Records

Maricopa County property record for 4500 S 40th St, Phoenix, AZ 85040

Property Summary

Property TypeOffice Building
Details61,850 sqft · built 1985
Lot Size5.17 acres (225,467 sqft)
OwnerCompany Name on File
Last Sale$17,450,000 (Feb 2024)
Tax Bill$92,636 (2025)
Deeds & MortgagesFeb 2024 Sale & Mortgage
Dec 2020 Sale
+ 3 more
Flood ZoneZone X (moderate risk)
APN122-74-180

Property Details

APN / Parcel Number

Primary APN122-74-180
Alternative APN
  • 1512206058

Interior

Stories2 Stories
Building Area61,850 sqft Total Area
1st Floor Area61,850 sqft

Exterior

Year BuiltBuilt 1985
Exterior MaterialStucco
Construction TypeConcrete
Fire ResistanceMasonry Walls, Wood Interior
Lot Area225,467 sqft (5.17 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemPackage Unit

Location & Zoning

Account Number1512206058
Street Address4500 S 40TH ST
CityPHOENIX
StateAZ
Zip85040
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeC-2
Legal DescriptionBROADWAY BUSINESS CENTER LLC MCR 500-27
Legal Range03E
Legal Township01N
Legal Section25
Legal QuarterNE
Quarter-Quarter SectionNE
Legal SubdivisionBROADWAY BUSINESS CENTER LLC
Legal Lot Number1
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1000
Census Tract116203

Owner

4500 S 40th St, a commercial property, is owned by a company that bought it in February 2024.

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

Owner of RecordCompany Name on File
Mailing Address21805 W FIELD PKWY STE 210, 210, DEER PARK, IL 60010-3238
Owner TypeCompany

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

Deeds, Mortgages & Sale History

DateDocument
Feb 1, 2024Special Warranty Deed, Transfer · Unknown
BROADWAY OFFICE LLC
Dec 23, 2020Grant Deed, Transfer
FIDELITY NATIONAL TITLE
Oct 30, 2018Trustee's Deed, Transfer · Line of Credit
MISCELLANEOUS INS CO
Oct 9, 2018Special Warranty Deed, Transfer · Commercial Mortgage
ENTERPRISE BANK & TRUST
Jan 5, 2017Special Warranty Deed, Transfer · Commercial Mortgage
PINNACLE BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 1, 2024 · Amount on File
Deed SaleFeb 1, 2024 · Amount on File
Prior SaleDec 23, 2020 · Amount on File
Deed Document Number20240052363
Record UpdatedJun 8, 2026

February 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateFeb 1, 2024
Property Address4500 S 40TH ST, PHOENIX, AZ 85040
Document Number0000052363
Map ReferenceMB 500 PG 27
Instrument DateFeb 1, 2024
Instrument20240052363
Transaction TypeTransfer
Record UpdatedMar 5, 2024
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
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
Address8800 N GAINEY CENTER DR STE 160, 160, SCOTTSDALE, AZ 85258-2122

Transferred To (Grantee/Buyer)

NameVerified Name
Address21805 W FIELD PKWY STE 210, 210, DEER PARK, IL 60010-3238

Mortgage

Document Number0000052364
DateFeb 1, 2024
Instrument20240052364
Lender
NameBROADWAY OFFICE LLC
TypeNon-Lending Institution
Agreement
TypeUnknown
AmountAmount on Record

December 2020: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateDec 23, 2020
Property Address4500 S 40TH ST, PHOENIX, AZ 85040
Document Number0001270055
Instrument DateDec 23, 2020
Instrument1270055
Transaction TypeTransfer
Record UpdatedJan 5, 2021
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
Tax$18,550.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address8800 N GAINEY CENTER DR #160 SCOTTSDALE AZ 852582122, 160, SCOTTSDALE, AZ 85258-2122

October 2018: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionMARICOPA AZ
Recording DateOct 30, 2018
Property Address4500 S 40TH ST, PHOENIX, AZ 85040
Document Number0000810116
Instrument DateOct 30, 2018
Instrument810116
Transaction TypeTransfer
Record UpdatedNov 7, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$10,900.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address6424 E GREENWAY PKWY #100 SCOTTSDALE AZ 852542045, 100, SCOTTSDALE, AZ 85254-2045

Mortgage

Document Number810117
DateOct 30, 2018
Instrument810117
Lender
NameMISCELLANEOUS INS CO
Address5900 O ST, LINCOLN, NE 68510-2234
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

October 2018: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateOct 9, 2018
Property Address4500 S 40TH ST, PHOENIX, AZ 85040
Document Number0000758197
Map ReferenceMB 500 PG 27
Instrument DateOct 9, 2018
Instrument20180758197
Transaction TypeTransfer
Record UpdatedJul 15, 2022
Title CompanyFIDELITY NATIONAL TITLE AGEN

Transaction

AmountAmount on Record
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
Address30600 N PIMA RD UNIT 75, 30600, SCOTTSDALE, AZ 85266-1857

Transferred To (Grantee/Buyer)

NameVerified Name
Address1017 N CENTRAL AVE # 2, 2, PHOENIX, AZ 85004-1939

Mortgage

Document Number0000758198
DateOct 9, 2018
Instrument20180758198
Lender
NameENTERPRISE BANK & TRUST
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record

January 2017: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateJan 5, 2017
Property Address4500 S 40TH ST, PHOENIX, AZ 85040
Document Number0000009480
Map ReferenceMAP500 PG27
Instrument DateJan 5, 2017
Instrument2017-0009480
Transaction TypeTransfer
Record UpdatedJul 15, 2022
Title CompanyFIRST AMERICAN TITLE INS CO

Transaction

AmountAmount on Record
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

Transferred To (Grantee/Buyer)

NameVerified Name
Address30600 N PIMA RD UNIT 75, 75, SCOTTSDALE, AZ 85266-1857

Mortgage

Document Number0000009481
DateJan 5, 2017
Instrument2017-0009481
Lender
NamePINNACLE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 4500 S 40th St was $92,636.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,114,086$7,187,651 Land $3,787,244 Building $3,400,407
2025$92,636.00
2024$871,316 (-19.79%)$5,280,700 (-17.36%) Land $1,713,100 Building $3,567,600
2023$93,159.00 (-0.87%)$1,086,334 Land $253,232 Building $833,102$6,390,200 Land $1,489,600 Building $4,900,600
2022$93,976.00

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

Flood

FEMA maps place 4500 S 40th St in Zone X, an area of moderate flood risk.

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

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 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

The area around 4500 S 40th St has no burnable land within ember reach, so its wildfire risk is not rated.

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 74 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
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, Cox Communications, T-Mobile, Verizon.

Nearby Properties on S 40th St

Nearby Streets

Search Property Records by Address or Parcel Number