5 SLATER ROAD
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Location
5 SLATER ROAD
Plat Sec Lot Condo
13/ / 68/ /
Acct#
06117762
Owner
FIP MASTER FUNDING VIII LLC
Assessment
$4,179,700
Appraisal
$4,179,700
PID
22863
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$3,106,000$1,073,700$4,179,700
Assessment
Valuation YearImprovementsLandTotal
2023$3,106,000$1,073,700$4,179,700

Owner of Record
OwnerFIP MASTER FUNDING VIII LLC
Co-Owner
Address2425 E CAMELBACK RD STE 700

PHOENIX, AZ 85016-4220
Sale Price$5,266,667
Certificate
Book & Page 6600/0004
Sale Date01/10/2023
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FIP MASTER FUNDING VIII LLC$5,266,667 6600/00041B01/10/2023
K2 CRANSTON LLC$2,000,000 6138/0359 01/05/2021
PRS LAND ASSOCIATES LLC$0 5875/0049 11/22/2019
PRS LAND ASSOCIATES LLC$0 1067/0185 01/22/1999
SIENER P ROBERT JR$0  /0 12/31/1995

Building Information
Building 1 : Section 1
Year Built: 1985
Living Area: 58,248
Replacement Cost: $4,293,460
Building Percent Good: 70
Replacement Cost
Less Depreciation:
$3,005,400
Building Attributes
FieldDescription
Style:Industrial
ModelComm/Ind
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseINDUSTRIAL MDL96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsABOVE AVERAGE
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 58,248 58,248
   58,248 58,248

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAIR CONDITION6000.00 UNITS$10,5001
SPR1SPRINKLERS-WET58400.00 S.F.$40,9001
LDL2W/MAN FLIP OUT4.00 UNITS$4,2001

Land
Land Use
Use Code4000
DescriptionINDUSTRIAL MDL96  
ZoneM2
NeighborhoodHIP
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)274428
Frontage0
Depth0
Assessed Value$1,073,700
Appraised Value$1,073,700

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT30000.00 S.F.$45,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2023$3,106,000$1,073,700$4,179,700
2022$2,163,000$922,200$3,085,200
2021$2,163,000$922,200$3,085,200
2020$1,976,800$823,400$2,800,200
2019$1,976,800$823,400$2,800,200

Assessment
Valuation YearImprovementsLandTotal
2023$3,106,000$1,073,700$4,179,700
2022$2,163,000$922,200$3,085,200
2021$2,163,000$922,200$3,085,200
2020$1,976,800$823,400$2,800,200
2019$1,976,800$823,400$2,800,200

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