2 STONEWALL LANE
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Location
2 STONEWALL LANE
Mblu
0042/ 0009/A / /
Acct#
011156
Owner
TENET EQUITY FUNDING SPE III LLC
Assessment
$8,127,300
Appraisal
$8,127,300
PID
9906
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$6,351,000$1,776,300$8,127,300
Assessment
Valuation YearImprovementsLandTotal
2025$6,351,000$1,776,300$8,127,300

Owner of Record
OwnerTENET EQUITY FUNDING SPE III LLC
Co-Owner
Address7332 E BUTHERUS DR SUITE 100
SCOTTSDALE, AZ 85260
Sale Price$8,762,190
Book & Page 19283/471
Sale Date08/01/2023

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
TENET EQUITY FUNDING SPE III LLC$8,762,19019283/47108/01/2023
STONEWALL KITCHEN LLC$6,200,00016913/018610/22/2014
STONEWALL REALTY LLC$535,0009341/027203/01/1999

Building Information
Building 1 : Section 1
Year Built: 2003
Living Area: 7,164
Replacement Cost: $991,274
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$812,800
Building Attributes
FieldDescription
Style:Food Process
ModelCommercial
GradeB+
Stories:2
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Clapboard
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Cust Wd Panel
Interior Wall 2Plastered
Interior Floor 1Carpet
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSTORE/SHOP MDL-96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 4,029 4,029
FUSUPPER STORY, FINISHED 3,135 3,135
CANCANOPY 3,135 0
SLBSLAB 3,135 0
   13,434 7,164
Building 1 : Section 2
Year Built: 1999
Living Area: 19,363
Replacement Cost: $2,580,492
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$2,219,200
Building Attributes : Section 2 of 4
FieldDescription
Style:Food Process
ModelCommercial
GradeB+
Stories:1
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2Clapboard
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Cust Wd Panel
Interior Wall 2Plastered
Interior Floor 1Carpet
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseOFFICE BLD MDL-96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 17,363 17,363
FUSUPPER STORY, FINISHED 2,000 2,000
SLBSLAB 17,363 0
   36,726 19,363
Building 1 : Section 3
Year Built: 1999
Living Area: 35,314
Replacement Cost: $3,215,017
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$2,764,900
Building Attributes : Section 3 of 4
FieldDescription
Style:Food Process
ModelCommercial
GradeB-
Stories:2
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Concr/Cinder
Roof StructureIrregular
Roof CoverMetal/Tin
Interior Wall 1Cust Wd Panel
Interior Wall 2Plastered
Interior Floor 1Carpet
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 32,087 32,087
FUSUPPER STORY, FINISHED 3,227 3,227
PTOPATIO 3,312 0
SLBSLAB 32,087 0
   70,713 35,314
Building 1 : Section 4
Year Built: 1999
Living Area: 2,494
Replacement Cost: $439,983
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$396,000
Building Attributes : Section 4 of 4
FieldDescription
Style:Food Process
ModelCommercial
GradeB-
Stories:1
Occupancy1.00
Exterior Wall 1Wood Shingle
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 2,494 2,494
SLBSLAB 2,494 0
   4,988 2,494

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED47569.00 S.F.$87,8001

Land
Land Use
Use Code032I
DescriptionSTORE/SHOP MDL-96  
Zone
Neighborhood7500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.15
Frontage
Land$1,776,300
Appraised Value$1,776,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$36,0001
LT10W/DOUBLE LIGHT  10.00 UNITS$16,8001
LT11W/TRIPLE LIGHT  5.00 UNITS$11,6001
LT12W/FOUR LIGHTS  2.00 UNITS$5,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$5,905,300$1,513,100$7,418,400
2023$5,905,300$1,513,100$7,418,400
2022$5,905,300$1,513,100$7,418,400
2021$5,271,500$1,250,000$6,521,500

Assessment
Valuation YearImprovementsLandTotal
2024$5,905,300$1,513,100$7,418,400
2023$5,905,300$1,513,100$7,418,400
2022$5,905,300$1,513,100$7,418,400
2021$5,271,500$1,250,000$6,521,500

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