365 CHERRY ST
 Sales  Print
 Field Card
 Map It


Location
365 CHERRY ST
Mblu
19/ 306/ 2/A /
Acct#
R--0036700
Owner
AREC 40 LLC
Assessment
$3,202,730
Appraisal
$4,575,300
PID
2495
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$3,704,030$871,270$4,575,300
Assessment
Valuation YearImprovementsLandTotal
2025$2,592,840$609,890$3,202,730

Owner of Record
OwnerAREC 40 LLC
Co-Owner
Address2727 N CENTRAL AVE
PHOENIX , AZ 85004
Sale Price$0
Certificate
Book & Page 10131/84
Sale Date11/15/2019
Instrument03

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AREC 40 LLC$0 10131/840311/15/2019
365 CHERRY LLC$200,000 9021/00900303/31/2014
BPT CHERRY STREET ASSOCIATES LLC$0 8885/03102507/29/2013
365 HOLDING LLC$0 8063/01942507/28/2009
SGB LLC$0 4367/0217 06/20/2000

Building Information
Building 1 : Section 1
Year Built: 1930
Living Area: 144,142
Replacement Cost: $10,164,218
Building Percent Good: 31
Replacement Cost
Less Depreciation:
$3,150,910
Building Attributes
FieldDescription
Style:Mill Building
ModelInd/Comm
Grade:Average
Stories:4
Occupancy:14.00
Exterior Wall 1:Brick
Exterior Wall 2: 
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Minim/Masonry
Interior Wall 2: 
Interior Floor 1:Pine/Soft Wood
Interior Floor 2:Concr-Finished
Heating Fuel:Oil
Heating Type:Forced Air
AC Type:None
Bldg Use:Mill Building
Ttl Rooms: 
Ttl Bedrms:00
Ttl Baths:0
Ttl Half Baths:0
Ttl Xtra Fix:0
1st Floor Use: 
Heat/AC:None
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:None
Rooms/Prtns:Average
Wall Height:12.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 81,583 81,583
FUSFinished Upper Story 57,759 57,759
SDAStore Display Area 4,800 4,800
CLPLoading Platform 1,122 0
   145,264 144,142
Building 2 : Section 1
Year Built: 1900
Living Area: 4,307
Replacement Cost: $470,884
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$211,900
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Warehouse
ModelInd/Comm
Grade:Average
Stories:1
Occupancy:1.00
Exterior Wall 1:Brick
Exterior Wall 2: 
Roof Struct:Irregular
Roof Cover:T+G/Rubber
Interior Wall 1:Minim/Masonry
Interior Wall 2: 
Interior Floor 1:Concr-Finished
Interior Floor 2: 
Heating Fuel:Oil
Heating Type:Hot Air-No Duc
AC Type:None
Bldg Use:Industrial Mdl 96
Ttl Rooms: 
Ttl Bedrms: 
Ttl Baths: 
Ttl Half Baths: 
Ttl Xtra Fix: 
1st Floor Use: 
Heat/AC:None
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:Ceiling Only
Rooms/Prtns:Average
Wall Height:14.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,307 4,307
   4,307 4,307

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAir Conditioning4500.00 SF$4,8801
VLT4Vault-Poor432.00 SF$12,4501
SPR1Sprinklers-Wet147742.00 SF$151,1401
MEZ1Mezn Unfin400.00 SF$3,1001
ELV2Pass2.00 STOPS$38,4401
ELV1Freight4.00 STOPS$45,8801

Land
Land Use
Use Code342
DescriptionMill Building  
ZoneI
NeighborhoodIND
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.12
Frontage0
Depth0
Total Market Land$609,890
Appraised Value$871,270

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph  35000.00 SF$73,5001
FN1Fence, Chain55 ft8.00 LF$701
CNP1Canopy Ave  400.00 SF$11,7601
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,704,030$871,270$4,575,300
2024$2,469,880$680,000$3,149,880
2023$2,469,880$680,000$3,149,880

Assessment
Valuation YearImprovementsLandTotal
2025$2,592,840$609,890$3,202,730
2024$1,728,930$476,000$2,204,930
2023$1,728,930$476,000$2,204,930

All locations identified on Google, Yahoo, and Bing maps are approximate and may not be exact


Go To Google Maps

Go To Microsoft Bing Maps