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Property profile & analytics
OFF-MARKET
Estimated value
$11,030,000
Motels
2102 Dunlap Ave, Phoenix, AZ 85021-6104
Entity Owned
Free & Clear
Property ID
US07-1319966
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1996
Construction
STEEL FRAME
Total area
14,134 SF
Lot
3.5 ac (152,411 SF)
Zoning code
R-5
APN
149-11-008L
UPID
US07-1319966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
HomeTowne Studios Phoenix - Dunlap Ave Hotel & Motel
-
Desert oasis mobile home park Campground & RV Park
-
Crosslands Dunlap Parking Lot & Garage
-
Bells Flooring and Demolition LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.28M
Blend (final)
Blend
$11.03M
Owner & transaction history
4053 Mission Canyon Crest LP
4053 Mission Canyon Crest LP
since 2025
7 recorded transactions
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.8M
+33.7%
Restaurant
$7.6M
+2.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,360,000
Current use
COMMERCIAL (GENERAL)
$9,845,000
Change: +34% · Conversion: Difficult
RESTAURANT
$7,550,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$11.03M
Range $9.93M – $12.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$780 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$77,154
Tax year 2023
Assessed value
$871,446
Assessed 2024
Previous assessed
$726,699
+19.9% YoY
Effective rate
8.85%
On assessed value
Land market value
$1,972,000
Improvement market value
$3,309,493
Total market value
$5,281,493
Applied tax rate
61,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
2
Units
3
Total area
14,134 SF
Lot
3.5 ac (152,411 SF)
Zoning code
R-5
APN
149-11-008L
UPID
US07-1319966
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Phoenix, AZ
Zoning R-5 · permitted uses
R-5 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$9.8M
RESTAURANT
Est. value
$7.6M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
3
Units
3
Lot
3.5 ac
Current owner
From public records · entity-resolved
4053 Mission Canyon Crest LP
Entity
Free & Clear · 0 yrs held
Mailing address
5847 SAN FELIPE ST STE #4650, HOUSTON, TX 77057-3277
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
$16,375,000
4053 Mission Canyon Crest LP
Dw Cl Vii LLC
Special Warranty Deed
—
Oct 18, 2018
—
Dw Cl Vh LLC
—
Deed
related
$192,400,000 · Other Institutional Lenders
Dec 16, 2015
—
Dw Cl Vii LLC
Esa P Portfolio LLC
Quit Claim Deed
related
—
Dec 16, 2015
$2,840,000
Dw Cl Vii LLC
Esa P Portfolio LLC
Grant Deed
$192,400,000 · Spt Ca Fundings 2
Dec 11, 2012
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Oct 15, 2010
—
Esa Prorperties LLC
—
Deed Of Trust
related
$2,000,000,000 · J P Morgan Chase Bank
Dec 5, 2005
—
Bre Of Hv Properties LLC
—
Deed Of Trust
related
—
—
—
Dw Cl Vh LLC
—
Loan Modification
related
$192,400,000 · Other Institutional Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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