New search
Property profile & analytics
OFF-MARKET
Estimated value
$38,860,000
Hospitals
250 Dunlap Ave, Phoenix, AZ 85020-2825
Entity Owned
Free & Clear
Property ID
US07-1808346
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1975
Construction
CONCRETE
Total area
99,400 SF
Lot
14.61 ac (636,348 SF)
Zoning code
C-2
APN
159-47-298C
UPID
US07-1808346
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
-
HonorHealth John C. Lincoln Medical Center Physician
-
Desert Mission Neighborhood Housing Development
-
Dr. Ivor Benjamin Physician Medical Clinic
-
Dr. Bryan Kaye Physician
-
Dr. Christopher Crowe Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$39.22M
Blend (final)
Blend
$38.86M
Owner & transaction history
JOHN C LINCOLN HOSPITAL & HEALTH CENTER
JOHN C LINCOLN HOSPITAL & HEALTH CENTER
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$53.1M
+101.2%
Auto repair, garage
$42.0M
+59.2%
Retail stores
$29.6M
+12.3%
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
MEDICAL BUILDING
$26,385,000
Current use
RESTAURANT
$53,080,000
Change: +101% · Conversion: Difficult
AUTO REPAIR, GARAGE
$42,000,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$29,620,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$25,800,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$25,300,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$38.86M
Range $34.97M – $42.75M · ±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
$391 / 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
Assessed value
$16,155,170
Assessed 2024
Land market value
$3,936,700
Improvement market value
$103,764,431
Total market value
$107,701,131
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Buildings
8
Stories
2
Units
8
Total area
99,400 SF
Lot
14.61 ac (636,348 SF)
Zoning code
C-2
APN
159-47-298C
UPID
US07-1808346
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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
MEDICAL BUILDING Current
Est. value
$26.4M
RESTAURANT
Est. value
$53.1M
AUTO REPAIR, GARAGE
Est. value
$42.0M
RETAIL STORES
Est. value
$29.6M
WAREHOUSE, STORAGE
Est. value
$25.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.3M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
8
Units
8
Lot
14.61 ac
Current owner
From public records · entity-resolved
JOHN C LINCOLN HOSPITAL & HEALTH CENTER
Individual
Free & Clear · 0 yrs held
Mailing address
2500 W UTOPIA RD STE #100, PHOENIX, AZ 85027-4172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 250 Dunlap Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
