511 S Farmer Ave, Tempe, AZ 85281 Property Records

Maricopa County property record for 511 S Farmer Ave, Tempe, AZ 85281

Property Summary

Property Type	Hotel
Details	49,155 sqft · built 2021
Lot Size	1.25 acres (54,736 sqft)
Owner	Company Name on File
Last Sale	$17,000,000 (Jan 2026)
Tax Bill	$123,386 (2025)
Deeds & Mortgages	Jan 2026 Sale & Mortgage Oct 2020 Construction Loan + 2 more
Flood Zone	Zone X (moderate risk)
APN	`124-33-364`

Property Details

APN / Parcel Number

Primary APN	`124-33-364`
Alternative APN	`124333644`

Interior

Stories	5 Stories
Building Area	49,155 sqft Gross Area
1st Floor Area	49,155 sqft

Exterior

Year Built	Built 2021
Effective Year Built	Effective 2021
Construction Type	Wood
Lot Area	54,736 sqft (1.25 acres)
View / Lot	Corner

Utilities, Heating & Cooling

Sewer	Municipal

Location & Zoning

Street Address	511 S FARMER AVE
City	TEMPE
State	AZ
Zip	85281-2836
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	PAD
Legal Description	FARMER ARTS DISTRICT PARCEL 1 MCR 1070-15
Legal Range	4E
Legal Township	1N
Legal Section	16
Legal Subdivision	FARMER ARTS DISTRICT PARCEL 1
Legal Lot Number	4
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	1
Census Block	1000
Census Tract	318800

Owner

Source: Maricopa County records, as of April 2, 2026

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 File
Mailing Address	6201 N 24TH PKWY, PHOENIX, AZ 85016-2023
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jan 22, 2026	Special Warranty Deed, Transfer · Commercial Mortgage BWI DEVCO LLC
Oct 2, 2020	Deed of Trust, Mortgage · Construction Mortgage UMB BANK NA
Dec 6, 2019	Grant Deed, Transfer COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE CO
Dec 6, 2019	Grant Deed, Transfer COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 22, 2026 · Amount on File
Deed Sale	Jan 22, 2026 · Amount on File
Prior Sale	Dec 6, 2019 · Amount on File
Deed Document Number	202640135
Prior Transfer Date	Apr 18, 2011
Prior Transfer Doc	0000327488
Record Updated	Jun 8, 2026

January 2026: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jan 22, 2026
Property Address	511 S FARMER AVE, TEMPE, AZ 85281-2836
Document Number	0000040135
Map Reference	MB 1070 PG 15
Instrument Date	Jan 21, 2026
Instrument	20260040135
Transaction Type	Transfer
Record Updated	Jan 29, 2026
Title Company	COMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	6201 N 24TH PKWY, PHOENIX, AZ 85016-2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1108 WESTLAND GARDENS BLVD # BID, BID, KNOXVILLE, TN 37922-5305

Mortgage

Document Number	0000040136
Date	Jan 22, 2026
Instrument	20260040136

Lender

Name	BWI DEVCO LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	511 S FARMER AVE, TEMPE, AZ 85281-2836
Transaction Type	Mortgage
Record Updated	Nov 8, 2022
Title Company	COMMONWEALTH TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6201 N 24TH PKWY, PHOENIX, AZ 85016-2023

Mortgage

Document Number	0000940983
Date	Oct 2, 2020
Instrument	20200940983

Lender

Name	UMB BANK NA
Type	Bank
Address	DENVER, CO 80202

Agreement

Type	Construction Mortgage
Amount	Amount on Record

December 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 6, 2019
Property Address	511 S FARMER AVE, TEMPE, AZ 85281-2836
Document Number	0000985930
Instrument Date	Dec 5, 2019
Instrument	985930
Transaction Type	Transfer
Record Updated	Dec 13, 2019
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE CO

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

December 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 6, 2019
Property Address	511 S FARMER AVE, TEMPE, AZ 85281-2836
Document Number	0000985931
Instrument Date	Dec 5, 2019
Instrument	985931
Transaction Type	Transfer
Record Updated	Dec 13, 2019
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH TITLE CO

Transaction

Amount	Amount on Record
Tax	$3,700.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6201 N 24TH PKWY PHOENIX AZ 850162023, PHOENIX, AZ 85016-2023

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,910,726 (+98.15%)	$12,327,266 (+28.03%) Land $2,646,200 Building $9,681,066
2025	$123,386.00 (+6.38%)	$964,268 (-40.94%)	$9,628,663 (-2.7%) Land $442,300 Building $9,186,363
2024		$1,632,816	$9,895,854 Land $402,100 Building $9,493,754
2023	$115,984.00

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

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not 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 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 TEMPE serves 165,000 people · EPA ID AZ0407100
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	4 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Apr 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	None 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 314 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable · Fiber in parts of the area	2,000 / 100
Verizon Fixed Wireless	1,000 / 75
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
AirFiber WISP Fixed Wireless	100 / 25

May also be available: AT&T, CenturyLink, GeoLinks, T-Mobile.

Nearby Properties on S Farmer Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures