1 CRESSEY RD
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Location
1 CRESSEY RD
Mblu
U07/ / 048/000 000/
Acct#
U07048000000
Owner
AREC 31 LLC
TIF/Current Use
Assessment
$7,150,000
PID
5332
Building Count
1
Special Condition
Lot Description
LOT 1 PB 90/20
Utility
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$5,742,000$1,408,000$7,150,000

Owner of Record
OwnerAREC 31 LLC
Co-Owner
AddressPO BOX 29046
PHOENIX, AZ 85038-9046
Sale Price$0
Book & Page 35295/0265
Sale Date10/29/2018
Instrument1N

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
AREC 31 LLC$035295/02651N10/29/2018
AMERCO REAL ESTATE CO$033582/03041F10/25/2016
AMERCO REAL ESTATE CO$2,750,00033116/02102M05/13/2016
COOPER WIRING DEVICES$05028/0073 07/22/1982

Building Information
Building 1 : Section 1
Year Built: 1963
Living Area: 186,505
Replacement Cost: $9,783,499
Building Percent Good: 52
Replacement Cost
Less Depreciation:
$5,087,000
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:1
Occupancy580.00
Exterior Wall 1Pre-finsh Metal
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelOil/Gas
Heating TypeForced Air-Duc
AC TypeHeat Pump
Struct Class 
Bldg UseIndustrial Bldg
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingLIGHT
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 186,505 186,505
CANCanopy 125 0
   186,630 186,505

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPKR-WET186505.00 S.F.$582,0001
LDL2LL W MAN FLIP OUT4.00 UNITS$2,0001

Land
Land Use
Use Code4022
DescriptionIndustrial Bldg  
ZoneGM3
Neighborhood301
Land Line Valuation
Size (Acres)12.16
Assessed Value$1,408,000
lbllndfront

Outbuildings
Outbuildings
CodeDescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPH27000.00 S.F.$61,0001
LT5MERC VAP SINGL8.00 UNITS$8,0001
FN4FENCE-8' CHAIN90.00 L.F.$2,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2024$3,329,000$842,100$4,171,100
2023$3,333,900$842,100$4,176,000
2022$3,333,900$842,100$4,176,000

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