Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    398 Old Chena Pump Rd Fairbanks, AK 99709
    Back to Search
    Property profile & analytics

    398 Old Chena Pump Rd, Fairbanks, AK 99709

    View on Map
    • Investment properties
    • 6,450 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CoinFlip Bitcoin ATM / Business Banking Service / Business To Business Service
    • Red Fox Bar & Grill / Bar & Pub

    Property Details for 398 Old Chena Pump Rd

    Year built
    1984
    Property type
    Investment properties

    Description

    This exceptional business opportunity presents the chance to acquire the well-established Red Fox Bar & Grill, a Fairbanks institution since 1992. Located in the high-traffic Chena Pump Plaza, this 6,450 square foot establishment boasts excellent visibility and benefits from shared mall traffic, ensuring a consistent flow of customers. The bar and grill features a spacious gaming area complete with pool tables, dart boards, and shuffleboards, adding to its appeal and entertainment value. A loyal customer base has been cultivated over the years, providing a solid foundation for continued success. This turnkey operation is ready for immediate ownership, offering a seamless transition for the new proprietor. The sale includes a valuable liquor license, eliminating a significant hurdle for new owners. Furthermore, existing inventory is included in the sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairbanks
    County
    Fairbanks North Star Borough
    State
    Alaska
    Longitude
    -147.869
    Latitude
    64.8483

    Comparable in this City

    • Value Estimation by Request
      28.76 Acres

      3350 Thomas St

      MOBILE HOME PARK, TRAILER PARK
      3350 Thomas St, Fairbanks, AK 99709-3850
      View Details
    • Value Estimation by Request
      1.39 Acres

      1061 Deere St

      PARKING LOT
      1061 Deere St, Fairbanks, AK 99709-5537
      View Details
    • Value Estimation by Request
      2.60 Acres

      1790 Hoselton Rd

      COMMERCIAL (GENERAL)
      1790 Hoselton Rd, Fairbanks, AK 99709
      View Details
    • Value Estimation by Request
      0.25 Acres

      1325 Bedrock St

      COMMERCIAL (GENERAL)
      1325 Bedrock St, Fairbanks, AK 99709-4919
      View Details
    • Value Estimation by Request
      0.36 Acres

      Fairbanks, AK 99709

      PARKING LOT
      Fairbanks, AK 99709
      View Details
    • Value Estimation by Request

      600 University Ave Ste, Unit 2

      COMMERCIAL (GENERAL)
      600 University Ave Ste, Fairbanks, AK 99709-3651
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,234 SF

      Former Bar and Grill Opportunity

      Commercial building opportunity with liquor license included in sale.
      2999 Park Hwy Hwy, Fairbanks, AK 99709
      View Details
    • $429,900
      2,121 SF

      Fairbanks Duplex with New Apartment

      Duplex in Chena Ridge with new one-bedroom apartment.
      1200 S Earth Farm Ct, Fairbanks, AK 99709
      View Details
    • $58,000
      Pending

      Fairbanks Land with Mountain Views

      2.9 acres of wooded land near Chena River.
      Nhn Chena Rdg Rd, Fairbanks, AK 99709
      View Details
    • $99,900
      9.70 Acres

      Fairbanks Land with Southern Exposure

      Almost 10 acres of wooded land in Fairbanks, Alaska.
      lot 8 & 9 Nhn Jeans Way, Fairbanks, AK 99709
      View Details
    • $85,000
      2.15 Acres

      Fairbanks Land with River Views

      Southwest-facing 2.15 acre lot with Tanana River views.
      Nhn Edby Rd, Fairbanks, AK 99709
      View Details
    • $43,000
      1.86 Acres

      Fairbanks Land with Sloping Lot

      Land with gentle slope, trees, and quiet cul-de-sac road.
      Nhn Whiteside Ct, Fairbanks, AK 99709
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land with Rail Access

      Gravel-filled lay down yard with fenced lot and rail access.
      4120 Peger Rd, Fairbanks, AK 99709
      View Details
    • Contact for pricing

      Retail Space in Fred Meyer

      In-store retail space for lease with high foot traffic.
      3755 Airport Way, Fairbanks, AK 99709
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    398 Old Chena Pump Rd
    Fairbanks, AK 99709
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    398 Old Chena Pump Rd, Fairbanks, AK, 99709
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!