5050 N 40th St, Phoenix, AZ 85018 Property Records

Maricopa County property record for 5050 N 40th St, Phoenix, AZ 85018 · Last verified July 2026

Property Highlights

Property Type	Commercial > Office > Commercial Office
Year Built	Built 2000
Square Footage	170,854 sqft Gross Area
Lot Size	68,563 sqft (1.57 acres)
Last Sale	$9,500,000 (2024)
Tax Bill	$140,811.00 (2025)

Owner

Source: Maricopa County records · APN 170-16-002-V

Assessment roll updated October 22, 2025 · Last verified July 2026

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

Owner of Record	Company Name on File
Mailing Address	3741 E CHICKADEE RD, GILBERT, AZ 85297-5241
Owner Type	Owner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	May 24, 2024 · Amount on Record
Deed Sale	May 24, 2024 · Amount on Record
Prior Sale	Dec 18, 2008
Deed Doc Number	2024278637
Record Refreshed	Sep 20, 2026

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$2,314,636 (+122.03%)	$14,933,138 (-17.98%) Land $3,156,400 Building $11,776,738
2025	$140,811.00 (-1.07%)	$1,042,492 (-64.67%)	$18,205,985 (+1.8%) Land $2,858,300 Building $15,347,685
2024		$2,950,859	$17,883,993 Land $2,802,200 Building $15,081,793
2023	$142,338.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone A
Flood Hazard	High
100-Year Floodplain	Yes 1% annual chance
Special Flood Hazard Area	Yes
Flood Insurance Requirement	Required (federally backed mortgages)
Floodway	No
Base Flood Elevation	Not determined for this zone

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN	`170-16-002-V`
Alternative APN	`17016002V4`

Interior

Units	2 Units
Building Area	170,854 sqft Gross Area
1st Floor	170,854 sqft 1st Floor
Stories	3 Stories

Exterior

Year Built	Built 1989
Effective Year Built	Effective 2000
Exterior Material	Combination Exterior
Construction Type	Frame Construction
Fire Resistance Class	Buildings having fireproofed structural steel frames carrying all wall, floor and roof loads. Wall, floor and roof structures are built of non-combustible materials.
Roof Material	Builtup (layered Asphalt) Roof
Lot Area	68,563 sqft (1.57 acres)
Total Buildings	2 Total Buildings

Utilities and HVAC

Heating System	Heat Pump Heating
Sewage	Municipal Sewage
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Street Address	5050 N 40TH ST
City	PHOENIX
State	AZ
Zip	85018-2139
Property Usage	Commercial Property Usage
Type	Commercial > Office > Commercial Office
Legal Description	PT SE4 SE4 SEC 13 DAF COM INTERSEC OF N R/W LN AZ CANAL & E LN SD SEC 13 TH N 45D 38M W ALG SD AZ CANAL R/W LN A DIST OF 55.95F TO PT ON W R/W LN 40TH ST TH N ALG SD W R/W LN 323F TPOB TH W 232.21F TH S 44D 21M W 82.73F TO PT ON CUR HAV RAD PT BEARIN
Legal Range	3E
Legal Township	2N
Legal Section	13
Legal Lot Number	7
Jurisdiction	MARICOPA AZ
Minor Civil Division	PHOENIX
Census Blockgroup	1
Census Block	1000
Census Tract	108301