MakeMe Estimate: $19.2M (estimated market value), with a likely range of $15.3M to $22.7M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $17,139,899 times a 1.12 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales in Phoenix, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 0.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $11,000,000 in 2025; the estimate is about 74% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 51% below the $161.82/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Office in Phoenix
median verified sale $217.33/SF over the trailing 24 months; 111 sales in the last 12 months and 225 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.73x to 1.73x their county full cash value, median 1.16x (224 sales with usable county values).
2022: $166.43/SF median (93 sales)
2023: $175/SF median (78 sales)
2024: $220.98/SF median (105 sales)
2025: $223.09/SF median (128 sales)
2026 YTD: $192.75/SF median (25 sales)
This estimate sits at 1.12x county full cash value, the 45th percentile of those recent sale premiums.
Computed from 1,330 verified arm's-length sales in Maricopa County public records (225 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2025-12-01 for $11,000,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-12-01: $11,000,000 from SNH Medical Office Properties Trust to WFDF Med I Phoenix Owner LLC, rec. 250747259
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $18,292,449 (2026) to $17,139,900 (2027), down 6% over 1 years, per county tax rolls. The 2027 roll splits $17,139,900 into $3,671,691 land and $13,468,207 improvements.