Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Office buildings
6401 Lincoln Dr Paradise Valley, AZ 85253-4328
Individually Owned
38-yr Hold
Free & Clear
Property ID
US07-1278758
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
STEEL FRAME
Total area
8,630 SF
Lot
1.15 ac (50,050 SF)
Zoning code
SUP-P
APN
174-61-010D
UPID
US07-1278758
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$2.87M
Owner & transaction history
Clyde Alexander · 38 yrs held
Clyde Alexander
since 1988
2 recorded transactions
Zoning & alternative use
SUP-P · Paradise Valley, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of SUP-P zone is to provide halls for assembly, offices for staff or consultation, classrooms, laboratories, gymnasia and similar recreational facilities
Zone name
Special Use Permit Public
General category
OPEN_SPACE
Zone area
174.38 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$4.2M
+139.8%
Retail stores
$4.0M
+125.8%
Auto repair, garage
$3.6M
+102.0%
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 Paradise Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paradise Valley 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
OFFICE BUILDING
$1,760,000
Current use
COMMERCIAL (GENERAL)
$4,220,000
Change: +140% · Conversion: Easy
RETAIL STORES
$3,975,000
Change: +126% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,555,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$3,015,000
Change: +71% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,870,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±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
$332 / 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
$444,360
Assessed 2024
Previous assessed
$353,235
+25.8% YoY
Land market value
$2,402,900
Improvement market value
$559,500
Total market value
$2,962,400
Applied tax rate
481,100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1957
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
8,630 SF
Lot
1.15 ac (50,050 SF)
Zoning code
SUP-P
APN
174-61-010D
UPID
US07-1278758
Jurisdiction
MARICOPA
Zoning & alternative use
SUP-P · Paradise Valley, AZZoning SUP-P · permitted uses
SUP-P · Paradise Valley, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of SUP-P zone is to provide halls for assembly, offices for staff or consultation, classrooms, laboratories, gymnasia and similar recreational facilities
Zone name
Special Use Permit Public
General category
OPEN_SPACE
Zone area
174.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$4.2M
RETAIL STORES
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1957
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Clyde Alexander
Individual
Free & Clear · 38 yrs held
Mailing address
6401 E LINCOLN DR, PARADISE VALLEY, AZ 85253-4328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1988
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 1988
$1,308,100
Clyde Alexander
—
Deed Of Trust
related
—
Oct 8, 1987
—
Pantheon Studios
—
Deed Of Trust
related
—
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 6401 Lincoln Dr?
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.
