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122 N 2nd St; Phoenix, AZ Property Details

122 N 2nd St, Phoenix, AZ is a Hotel that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 122 N 2nd St has a total of 631,780 square feet. The lot size of 122 N 2nd St is 90,102 square feet.

Off market
122 N 2nd St Phoenix, AZ 85004
$12,659,380 Estimated Value
631,780 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1975
  • Purchase Price: $140,000,000
  • Inv. Liens / Amount: 1 / $375,650
  • APN: 112-28-044-A
  • Situs County: Maricopa
  • Length Of Ownership: 8 years

Structure

  • Building Style: Frame
  • Stories: 25
  • Exterior Wall Type: Combination
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Spa or Hot Tub
  • Roof Cover Type: Aluminum
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 631,780/SqFt
  • Lot: 90,102/SqFt
  • Gross: 631,780/SqFt
  • Living: 631,780/SqFt
  • Building: 631,780/SqFt
  • Ground: 631,780/SqFt
  • Price Per Square Foot: $221.60

Legal Description

  • Description: PHOENIX 1 THROUGH 4 & 11 THROUGH 18 MCR 2-51
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Phoenix Union High School District
  • Lat / Lon: 33.449856 / -112.071884
  • Subdivision: Phoenix 1 Through 4 & 11 Through 18
  • Property Class: Commercial
  • Zoning: C-DT
  • County Use Code: 0422

Amenities

  • Pool: true
  • Plus Four: 2304
  • Cooling: Chilled Water
  • Heating: Hot Water

Ownership Info

122 N 2nd St has no associated ownership info
122 N 2nd St has no associated ownership info.

Taxes

122 N 2nd St has 9 associated Taxes items

122 N 2nd St, Phoenix, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,659,380. The APN we've located for 122 N 2nd St is 112-28-044-A.

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Taxes
  • Assessed Value:  $12,659,380
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  112-28-044-A
  • Market Land Value:  9460700
  • Tax Amount:  1859542.78
  • Tax Year:  2025
  • Market Value:  92107500
  • Market Year:  2025

Tax History

122 N 2nd St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,659,380 Land Value Improvement Value Tax Amount $1,859,542.75 Change Rate +0.027528% Assessed CR Tax Rate +0.146891%
Year 2024 Assessed Value $12,433,319 Land Value Improvement Value Tax Amount $1,809,724.12 Change Rate -0.019858% Assessed CR Tax Rate +0.145554%
Year 2023 Assessed Value $12,404,322 Land Value $1,301,962 Improvement Value $11,102,360 Tax Amount $1,846,390.12 Change Rate +0.005236% Assessed CR Tax Rate +0.148851%
Year 2022 Assessed Value $11,960,866 Land Value $1,103,743 Improvement Value $10,857,123 Tax Amount $1,836,772.5 Change Rate -0.076188% Assessed CR Tax Rate +0.153565%
Year 2021 Assessed Value $18,622,314 Land Value $1,135,278 Improvement Value $17,487,036 Tax Amount $1,988,254.5 Change Rate -0.014762% Assessed CR Tax Rate +0.106767%
Year 2020 Assessed Value $17,085,546 Land Value $867,672 Improvement Value $16,217,874 Tax Amount $2,018,045.88 Change Rate +0.002734% Assessed CR Tax Rate +0.118114%
Year 2019 Assessed Value $16,260,282 Land Value $810,918 Improvement Value $15,449,364 Tax Amount $2,012,544 Change Rate +0.016306% Assessed CR Tax Rate +0.123771%
Year 2018 Assessed Value $15,836,580 Land Value $746,910 Improvement Value $15,089,670 Tax Amount $1,980,254.25 Change Rate +0.025273% Assessed CR Tax Rate +0.125043%
Year 2017 Assessed Value $14,295,528 Land Value $778,032 Improvement Value $13,517,496 Tax Amount $1,931,441.62 Change Rate +0.030771% Assessed CR Tax Rate +0.135108%
Year 2016 Assessed Value $11,586,906 Land Value $727,128 Improvement Value $10,859,778 Tax Amount $1,873,782.62 Change Rate +0.003458% Assessed CR Tax Rate +0.161716%
Year 2015 Assessed Value $11,316,154 Land Value $725,570 Improvement Value $10,590,584 Tax Amount $1,867,325 Change Rate +0.006498% Assessed CR Tax Rate +0.165014%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,855,269.88 Change Rate Assessed CR Tax Rate