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Property profile & analytics
OFF-MARKET Estimated value $765,000
Medical Office Space

4361 Boniface Pkwy Anchorage, AK 99504-4314

11,635 SF 1.17 ac lot Built 1980
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US02-0073168
Property summary
AI-generated overview

This exceptional 11,635-square-foot executive office building, situated on a 1.17-acre lot in Anchorage, Alaska, presents a unique leasing opportunity. Built in 1980 and zoned B1A (Local/Neighborhood Business), the property is ideally located at 4361 Boniface Parkway, at the corner of Boniface Parkway and East Tudor Road. Currently vacant, the entire building is available for lease, although the owner will consider leasing a portion of approximately 7,500 square feet. The minimum leasable space is 4,135 square feet. The building's current configuration is suitable for medical office use, featuring convenient paved parking directly in front and additional parking in a neighboring lot. Its strategic location offers high visibility and proximity to key government entities, including the Alaska Department of Public Safety, the Alaska State Medical Examiners Office, and the Alaska Housing Finance Corporation. This presents an excellent opportunity for a business seeking a prominent location in Anchorage with ample space and convenient parking. The property offers significant potential for a variety of commercial uses given its zoning and location. Contact us to learn more about this exceptional property.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction WOOD FRAME
Total area 11,635 SF
Lot 1.17 ac (50,965 SF)
Zoning code B1A
APN 007-143-34-000
UPID US02-0073168
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
  • Cavaness G. Frank DDS Dental Office
  • Kristina Buck Physician
  • TIMOTHY J BUFFEY Pediatrician Physician
  • RAY DON KELLEY Pediatrician Physician
  • Empower Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$935k
Blend (final) Blend
$765k
Owner & transaction history
Palmer Tower LLC · 21 yrs held
Palmer Tower LLC
since 2005
3 recorded transactions
2021
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
B1A · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +17.9%
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