Phoenix · Commercial sale
2055 E 5th St buys 2055 E 5th St in Tempe for $6 million
An industrial property at 2055 E 5th St, Tempe sold for $6,000,000 on October 1, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $6,000,000
- Sold
- October 1, 2026
- Property type
- Industrial property
- Lot size
- 63,085 sq ft
- Year built
- 1989
An industrial property at 2055 E 5th St in Tempe sold for $6,000,000 on October 1, 2026. The sale is recorded in Maricopa County Assessor's parcel records.
The record lists 2055 E 5th St LLC as the buyer.
Assessor's records show a build year of 1989 and a 1.45-acre lot. The recorded market value is $4,109,635, 46% below the sale price.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Maricopa County?
By our estimate, the seller's two largest charges, not counting prorations, were $11,975 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Maricopa County custom.
How much did the seller net?
By our estimate, the seller netted about $5,960,300. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $5,973,655 at closing. That covers the full price and closing costs.
Source: Maricopa County Assessor parcel records, document 20260574176. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
