Medical Office with Private
For Sale
$850,000
C-1600 E Tudor Rd, Anchorage, AK 99503
Association unit with private entrances/exits and a dental-ready layout within a zoned RO-SL medical office building.
Property Size2,304 SF
Price / SF$368.92
Days on Market307
Property Features for C-1600 E Tudor Rd
General Information
Standard status
Active
Size
2,304 SF
Zoning
RO-SL
Listing Agency:
Jack White Commercial
(907) 762-5842
Listed By:
Brandon L Walker
(907) 762-5842
Source:
Exprealty
Added: Oct 9, 2025
Changed: Aug 8
Last Checked: Aug 11 at 10:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack White Commercial
Investment Insights
Based on property information with market context.
This medical office unit is part of an association but provides its own private entrances/exits, giving it a more standalone feel than a typical shared suite. The space is currently set up as a dental office, and the interior finishes are described as dated, with the option for a minor remodel to update the environment. The unit is zoned RO-SL, and remarks indicate that other medical and non-medical uses are allowed.
The property is located at C-1600 E Tudor Rd in Anchorage. Public remarks highlight south-facing views into a treed landscape and a pond.
Overall, the offering combines an association-managed setting with dedicated entry and exit, along with an existing dental office configuration in a medical-zoned environment.
The property is located at C-1600 E Tudor Rd in Anchorage. Public remarks highlight south-facing views into a treed landscape and a pond.
Overall, the offering combines an association-managed setting with dedicated entry and exit, along with an existing dental office configuration in a medical-zoned environment.
Key Highlights
- South‑facing views over a treed landscape and pond
- Association unit with its own private entrances/exits for standalone appeal
- Currently set up as dental with a dental‑ready layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,860
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$597,200
$597.2K
Cap Rate 7%
$426,571
$426.6K
Cap Rate 9%
$331,778
$331.8K
Market Conditions
NOI Build-Up for 2,304 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.3K $24.00/SF
− Vacancy
−$5.5K −$2.40/SF
EGI
$49.8K $21.60/SF
− OpEx
−$19.9K −$8.64/SF
NOI
$29.9K $12.96/SF
Area
Anchorage, AK
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$597,200
Cap Rate 7%
$426,571
Cap Rate 9%
$331,778
Alternative Uses
Best Use
Healthcare Medical
$426.6K
$373.3K – $497.7K
NOI $29,860 @ 7.0% cap · market cap 3.51%
Second Best
Office B
$404.4K
$353.8K – $471.8K
NOI $28,305 @ 7.0% cap · market cap 3.33%
Theoretical Best
Specialty Retail
$625.6K
$547.4K – $729.9K
NOI $43,794 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Demographics for 99503, AK
13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Association unit with private entrances/exits and a dental-ready layout within a zoned RO-SL medical office building.
Where is this medical office space located?
The property is located at C-1600 E Tudor Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: South‑facing views over a treed landscape and pond; Association unit with its own private entrances/exits for standalone appeal; Currently set up as dental with a dental‑ready layout
