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Property Description
🏢 Prime Office Opportunity - Investment 🏷️ Retail / C-T, R-O Zoning 🚗 Ample Parking + Corner Lot 📝 Leased till Oct 2028 💰 Cash Flow 💡 Located in a high-growth corridor with strong traffic counts and excellent visibility. Ideal for service related industry or medical. 📈 Perfect for an investor looking for cash flow.
Full Property Details
Full Property Details for 16448 N 40th St
General
- Price: $999,000
- Taxes: $8,303 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7008299
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Professional/Office, Other, See Remarks
Rental Information
- Complex Features: Conference Room, Reception Room, Kitchen, Computer Room, LAN Compatible Copr, Fiber Optic Availble, Showers - Office
Interior
- Flooring: Ceramic Tile, Concrete
Additional Information
- Security/Safety: Alarm System, Security System, Smoke Detector(s)
Parking
- Parking Features: Private
Location
- County: Maricopa
- Township: 3N
- Subdivision: BELL ACRES
- Cross Streets: Bell Rd & 40th Street
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Office
- Exterior Const.: Wood Frame, Metal Siding
- Roof: Tile
- Year Built: 2001
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,110
- Frontage: Asphalt
- Zoning: CT, R-O
Financial Considerations
- Tax Amount: $8,303
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BELL ACRES MCR 43-4 LOT 1 E 160F OF N 88.5F 0F NE4 OF LOT 1 EX E 7F & EX PT P/D 86-418083
- Property ID: 214-33-003-A
- Range: 3E
- Section: 1
- Lot Number: 1
Listed by Realty of America LLC
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Schools
Schools serving 16448 N 40th St
School District:Paradise Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Whispering Wind Academy 15844 North 43rd Street, Phoenix, AZ 85032 | PK-6 | 0.5 mi |
Paradise Valley High School 3950 East Bell Road, Phoenix, AZ 85032 | 9-12 | 0.3 mi |
Sunrise Middle School 4960 East Acoma Drive, Scottsdale, AZ 85254 | 7-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16448 N 40th St
Date
Details
Price
Change
Source
4/02/2026
Listed
$999,000
-14.54%
MLS
1/04/2023
Sold
$1,169,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16448 N 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,303
—
$119,831
-2%
2024
$8,339
-1%
$121,904
8%
2023
$8,412
-2%
$113,091
5%
2022
$8,573
—
$107,712
27%
2022
$8,573
-3%
$84,492
6%
2021
$8,843
3%
$79,866
-13%
2020
$8,570
—
$92,268
—
2019
$8,581
3%
$92,268
15%
2018
$8,300
4%
$80,100
10%
2017
$7,956
2%
$72,864
9%
2016
$7,823
5%
$66,618
16%
2015
$7,446
—
$57,667
-3%
2014
$7,439
-13%
$59,225
-11%
2013
$8,544
—
$66,291
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16448 N 40th St
16448 N 40th Street, Phoenix, AZ 85032 (MLS# 7008299) is a Commercial property. 16448 N 40th Street is currently listed for $999,000 and was received on April 03, 2026. Want to learn more about 16448 N 40th Street? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

