240 INNOVATION WAY
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Location
240 INNOVATION WAY
Mblu
U053/ / 025/ /
Acct#
10176
Owner
IDEXX DISTRIBUTION INC
PBN
Assessment
$60,407,800
PID
10176
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2024$53,515,200$6,892,600$60,407,800

Owner of Record
OwnerIDEXX DISTRIBUTION INC
Co-Owner
AddressC/O RYAN LLC
PO BOX 4900 DEPT 602
SCOTTSDALE, AZ 85261
Sale Price$7,000,000
Certificate
Book & Page 38589/258
Sale Date08/26/2021
Instrument1
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
IDEXX DISTRIBUTION INC$7,000,000 38589/258108/26/2021
IDEXX DISTRIBUTION INC$7,000,000 38589/258108/26/2021
CROSSROADS HOLDINGS LLC$0 34573/1501101/03/2018

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 52,640
Replacement Cost: $21,637,146
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$21,637,100
Building Attributes
FieldDescription
StyleR and D
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Aluminum
Interior Floor 1Concr-Finished
Interior Floor 2Laminate
Heat FuelGas
Heat TypeForced Air-Duc
AC TypeCentral
Primary Bldg UseR-D FACIL
GradeExcellent
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height20.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2 
Frame TypeFireproof Steel
Interior Wall 2 
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 52,640 52,640
   52,640 52,640
Building 1 : Section 2
Year Built: 2023
Living Area: 19,456
Replacement Cost: $10,105,252
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$10,105,300
Building Attributes : Section 2 of 5
FieldDescription
StyleR and D
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Aluminum
Interior Floor 1Concr-Finished
Interior Floor 2Laminate
Heat FuelGas
Heat TypeForced Air-Duc
AC TypeCentral
Primary Bldg UseR-D FACIL
GradeExcellent +20
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAbove Average
Ceiling/WallCeil & Walls
Rooms/PrtnsAbove Average
Wall Height14.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2 
Frame TypeFireproof Steel
Interior Wall 2 
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 19,456 19,456
   19,456 19,456
Building 1 : Section 3
Year Built: 2023
Living Area: 22,784
Replacement Cost: $9,124,308
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$9,124,300
Building Attributes : Section 3 of 5
FieldDescription
StyleR and D
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Aluminum
Interior Floor 1Concr-Finished
Interior Floor 2Laminate
Heat FuelGas
Heat TypeForced Air-Duc
AC TypeCentral
Primary Bldg UseR-D FACIL
GradeExcellent
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAbove Average
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAbove Average
Wall Height12.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2 
Frame TypeFireproof Steel
Interior Wall 2 
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice, (Average) 22,784 22,784
   22,784 22,784
Building 1 : Section 4
Year Built: 2023
Living Area: 19,824
Replacement Cost: $10,296,387
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$10,296,400
Building Attributes : Section 4 of 5
FieldDescription
StyleR and D
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Aluminum
Interior Floor 1Concr-Finished
Interior Floor 2Laminate
Heat FuelGas
Heat TypeForced Air-Duc
AC TypeCentral
Primary Bldg UseR-D FACIL
GradeExcellent +20
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAbove Average
Ceiling/WallCeil & Walls
Rooms/PrtnsAbove Average
Wall Height14.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2 
Frame TypeFireproof Steel
Interior Wall 2 
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 19,824 19,824
   19,824 19,824
Building 1 : Section 5
Year Built: 2023
Living Area: 0
Replacement Cost: $139,370
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$139,400
Building Attributes : Section 5 of 5
FieldDescription
StyleR and D
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Aluminum
Interior Floor 1Concr-Finished
Interior Floor 2Laminate
Heat FuelGas
Heat TypeForced Air-Duc
AC TypeCentral
Primary Bldg UseR-D FACIL
GradeExcellent
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAbove Average
Ceiling/WallCeil & Walls
Rooms/PrtnsAbove Average
Wall Height14.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2 
Frame TypeFireproof Steel
Interior Wall 2 
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
USTUtility, Storage, Unfinished 987 0
   987 0

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET114704.00 S.F.$688,2001
MEZ1MEZZANINE-UNF7000.00 S.F.$224,0001
CLR1COOLER7500.00 S.F.$855,0001
CLR2FREEZER 2000.00 S.F.$258,0001

Land
Land Use
Use Code4040
DescriptionR-D FACIL  
Zone39
Neighborhood330
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)24.6
Assessed Value$6,892,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  75000.00 S.F.$187,5001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$53,515,200$6,892,600$60,407,800
2024$53,515,200$6,892,600$60,407,800
2023$24,298,900$5,744,000$30,042,900

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