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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Flex space
739 Dunlap Ave Phoenix, AZ 85020-2917
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1009713
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1986
Construction
CONCRETE
Total area
13,832 SF
Lot
0.75 ac (32,687 SF)
Zoning code
C-3
APN
160-03-050D
UPID
US07-1009713
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
-
Fresh Taste Meal Prep Corporate Meal Services Take-out & Catering Catering Service
-
Just Juice It Restaurant
-
AZ Lemonade Stand Restaurant
-
Curry Palace Restaurant
-
Akashic Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Kyle Hollenbeck · 1 yrs held
Kyle Hollenbeck
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
2,827.55 ac
Source
Realmo
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
$1,775,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,245,000
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.43M (Jan 16 2020)
Last sale anchor
$1.43M
Jan 16 2020
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
$108 / 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
$13,638
Tax year 2023
Assessed value
$243,804
Assessed 2024
Previous assessed
$159,069
+53.3% YoY
Effective rate
5.59%
On assessed value
Land market value
$369,600
Improvement market value
$1,108,000
Total market value
$1,477,600
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
13,832 SF
Lot
0.75 ac (32,687 SF)
Zoning code
C-3
APN
160-03-050D
UPID
US07-1009713
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Phoenix, AZZoning C-3 · permitted uses
C-3 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
Zone name
General Commercial
General category
COMMERCIAL
Zone area
2,827.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Kyle Hollenbeck
Individual
Mailing address
3241 E SHEA BLVD #496, PHOENIX, AZ 85028-3335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
—
Kyle Hollenbeck
Krystal Hollenbeck
Intrafamily Transfer
$370,000 · Colt Communications LLC
Feb 7, 2020
—
Blt Kitchens LLC
—
Deed
related
$715,000 · Desert Fin'l FCU
Jan 16, 2020
$1,430,000
Blt Kitchens LLC
Live Well Enterprises LLC
Special Warranty Deed
$715,000 · Desert Financial Cu
May 10, 2019
—
Live Well Enterprises LLC
—
Deed
related
$2,000,000 · Access Bank
Dec 17, 2018
—
Live Well Enterprises LLC
—
Deed
related
$2,000,000 · Access Bank
Jul 12, 2016
$1,350,000
Live Well Enterprises LLC
Royal Seminole Valley Palm LLC
Special Warranty Deed
$1,012,500 · Access Bank
Jul 17, 2007
—
Royal Seminole Vly Palms LLC
Owner Name Unavailable
Grant Deed
related
—
Oct 19, 2006
$800,000
Royal Seminole Valley Palms Ll
Hinderleiter Living Trust
Grant Deed
$710,000 · Hinderleiter Living Trust (tr)
—
—
Blt Kitchens LLC
—
Deed Of Trust
related
$715,000 · Desert Fin'l FCU
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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