325 RIVERSIDE AVE
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Location
325 RIVERSIDE AVE
Mblu
C07/ / 005/000 /
Acct#
9439
Owner
HTA-WESTPORT CENTER LLC
Assessed Value
$13,717,100
Appraisal
$19,595,800
PID
5347
Building Count
4
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$10,489,200$9,106,600$19,595,800
Assessment
Valuation YearImprovementsLandTotal
2025$7,342,500$6,374,600$13,717,100

Owner of Record
OwnerHTA-WESTPORT CENTER LLC
Co-Owner
Address16435 N SCOTTSDALE RD STE 320
SCOTTSDALE, AZ 85254
Sale Price$18,750,000
Book & Page 3902/0206
Sale Date02/04/2019
Instrument07

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
HTA-WESTPORT CENTER LLC$18,750,0003902/02060702/04/2019
DIV RIVERSIDE LOAN LLC$03373/03011412/05/2012
RIVERSIDE OFFICE 321-329 LLC$17,600,0002539/03060004/19/2005
RIVERSIDE INVESTORS LLC$37,125,0002170/02930004/03/2003
TIAA REALTY INC$01583/00542903/27/1998

Building Information
Building 1 : Section 1
Year Built: 1985
Living Area: 8,774
Building Attributes
FieldDescription
Style:Prof Bldg
ModelCommercial
GradeAverage +10
Stories:2
Occupancy2.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt/F Glas
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeHydroAir
AC TypeCentral
Bldg UseOff Bldg
Income Adj 
1st Floor Use:343
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallsSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 4,462 4,462
BASFirst Floor 3,652 3,652
UBSUnfin First Floor 660 660
BSMBasement Area 562 0
CPTCovered Parking 23,769 0
CTHCathedral Ceiling 296 0
FEPPorch, Enclosed 84 0
PDKParking Deck 23,885 0
VLTVaulted Ceiling 4,280 0
   61,650 8,774
Building 2 : Section 1
Year Built: 1985
Living Area: 10,050
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Prof Bldg
ModelCommercial
GradeAverage +10
Stories:2
Occupancy4.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt/F Glas
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Laminate Flr
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeHydroAir
AC TypeCentral
Bldg UseOff Bldg
Income Adj 
1st Floor Use:343
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallsSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,118 5,118
FUSUpper Story, Finished 4,932 4,932
CTHCathedral Ceiling 186 0
FEPPorch, Enclosed 42 0
VLTVaulted Ceiling 3,160 0
   13,438 10,050
Building 3 : Section 1
Year Built: 1985
Living Area: 9,609
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Prof Bldg
ModelCommercial
GradeAverage +10
Stories:2
Occupancy3.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt/F Glas
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeHydroAir
AC TypeCentral
Bldg UseOff Bldg
Income Adj 
1st Floor Use:343
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallsSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,894 4,894
FUSUpper Story, Finished 4,715 4,715
CTHCathedral Ceiling 179 0
FEPPorch, Enclosed 42 0
VLTVaulted Ceiling 4,784 0
   14,614 9,609
Building 4 : Section 1
Year Built: 1985
Living Area: 10,066
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Prof Bldg
ModelCommercial
GradeAverage +10
Stories:2
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt/F Glas
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Compos/Rubbr
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHydroAir
AC TypeCentral
Bldg UseOff Bldg
Income Adj 
1st Floor Use:343
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallsCeil & Walls
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,118 5,118
FUSUpper Story, Finished 4,948 4,948
CTHCathedral Ceiling 170 0
FEPPorch, Enclosed 42 0
VLTVaulted Ceiling 4,048 0
   14,326 10,066

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
SPRSprinklers10050.00 S.F.$25,000$17,5002
SPRSprinklers4805.00 S.F.$12,100$8,5003
SPRSprinklers3640.00 S.F.$7,600$5,3004
ELEVElevator2.00 UNITS$84,000$58,8003
ELEVElevator2.00 UNITS$84,000$58,8004
ELEVElevator2.00 UNITS$92,000$64,4002
SPRSprinklers4804.00 S.F.$10,900$7,6003
SPRSprinklers6426.00 S.F.$14,600$10,2004
SPRSprinklers9070.00 S.F.$20,900$14,6001
ELEVElevator2.00 UNITS$92,000$64,4001
GENGenerator1.00 UNITS$0$01
SPRSprinklers48300.00 S.F.$133,300$93,3001

Land
Land Use
Use Code340
DescriptionOff Bldg  
ZoneC
Land Line Valuation
Size (Acres)3.38
Assessed Value$6,374,600
Appraised Value$9,106,600

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1Paving Asph.32800.00 S.F.$61,500$43,1001
LT11Pole - 1 Lt10.00 UNITS$14,900$10,4001
LT21Pole - 2 Lts11.00 UNITS$24,200$16,9001
PAT1Patio1000.00 S.F.$21,600$15,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$10,489,200$9,106,600$19,595,800
2024$7,364,300$8,673,600$16,037,900
2023$7,364,300$8,673,600$16,037,900

Assessment
Valuation YearImprovementsLandTotal
2025$7,342,500$6,374,600$13,717,100
2024$5,155,000$6,071,500$11,226,500
2023$5,155,000$6,071,500$11,226,500

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