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    2421 Tudor Rd Anchorage, AK 99508

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    For Lease
    Contact for pricing

    Prime Tudor Road location, 16,704 sqft.

    Lot size:
    16,704 SF

    Property Features for 2421 Tudor Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,704 SF
    Class
    B
    Total Rate
    37584

    Building Details

    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 2421 Tudor Rd, Anchorage, AK 99508 Contact us
    Unit Suite 106

    $27 /Mo

    Size
    1,608 SF
    Contact us

    We can help!

    Listing Contact
    Season Baker
    Season Baker

    Listing Agent: Season Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Anchorage, Alaska office building, located at 2421 E Tudor Rd, 99508, offers a diverse range of spaces ideal for medical, executive, or traditional office uses. The property, classified as a Class B building, comprises a single, two-story structure totaling 16,704 square feet. Currently, multiple tenancies are available, with at least two ground-floor suites immediately available. Each suite offers high visibility and excellent traffic flow due to its prime location on busy E. Tudor Road, adjacent to a Walgreens. Specifically, Suite 106 and Suite 105, each measuring 1,608 square feet, are available for lease. These suites are situated near the intersection of Lake Otis Parkway and E. Tudor Road, ensuring high visibility and accessibility. The lease rate for these suites is $2.25 per square foot, plus pro-rata shares of property taxes, insurance, and gas. Note that Suite 105 can be combined with Suite 106 to create a larger space. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Anchorage commercial district. The building is situated in Anchorage County, Alaska.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Glacier Dental Dental Office Dr. Joshua J. ... Dental Office Sleep Centers of Alaska Medical Clinic Starbucks Cafe & Coffee Shop Access2care Medical Clinic

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.835451
    Latitude
    61.1813498

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    FAQs

    What type of property is this?
    Medical office - Prime Tudor Road location, 16,704 sqft.
    Where is this medical office located?
    The property is located at 2421 Tudor Rd Anchorage, AK.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 16,704 SF Class B office building in Anchorage, AK, at 2421 E Tudor Rd, 99508, suitable for medical, executive, or general office use.; Two ground floor suites (105 & 106), each 1,608 SF, immediately available for lease. High visibility location on E. Tudor Rd, next to Walgreens, near Lake Otis Parkway intersection.; Suites 105 & 106 lease for $2.25/SF, plus NNN (property taxes, insurance, and gas). Suite 105 can be combined with Suite 106.
    (907) 561-2220 Call to check price and availability
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    2421 Tudor Rd Anchorage, AK 99508
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    Anchorage, AK 99508
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2421 Tudor Rd Anchorage, AK 99508
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    Contact for Pricing
    Please call us for current price
    and status of this listing Season Baker
    Season Baker
    Real Estate License ID: 103912
    (907) 561-2220
    Learn more
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