503 E Plaza Cir, Litchfield Park, AZ 85340

Office · Litchfield Park · Phoenix metro, AZ

One of 31 reachable office buildings in Litchfield Park. Larger than 13% of office buildings in Litchfield Park (median 6,412 SF), derived from assessor records.

County gross building area
4,080 SF, Maricopa County Assessor
Lot size
17,603 SF, Maricopa County Assessor
Year built
1983, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Office Building 1 Story, Maricopa County Assessor
Assessed value
$701,700, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$171.99/SF, derived from assessor records
Building area / lot
0.23, derived from assessor records
Vintage
1980s vintage
County use code
OFFICE BUILDING 1 STORY

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $804K (estimated market value), with a likely range of $643K to $954K (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $701,700 times a 1.15 market ratio, measured from 3891 verified arm's-length sale prices vs county values (office sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.

lower confidence: 6 comparable sales within 3 miles; nearest 1.7 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 33% below the $293.94/SF median of the shown comparable sales.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 3 of 6 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.

Current ownership dates to 2008 (about 18 years) per recorded transfers.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$250K$500K$750K$1M20262027$804K$702KCounty assessed valueMakeMe Estimate range

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. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $609,400 (2026) to $701,700 (2027), up 15% over 1 years, per county tax rolls. The 2027 roll splits $701,700 into $261,300 land and $440,400 improvements.