Entity Owned Property summary
AI-generated overview
This exceptional 3,449-square-foot commercial space offers a unique opportunity for businesses seeking a prominent location in Anchorage's vibrant downtown core. The property, housed in a two-story building, is ideally suited for a variety of uses, including traditional office, executive suites, coworking spaces, or medical offices. Its single-tenant occupancy ensures privacy and control. Recently renovated in 2024, the space boasts modern amenities and is in excellent condition. The building itself is zoned for commercial use, reflecting its prime location within a submarket characterized by low commercial space turnover. This presents a rare opportunity to secure a long-term presence in a highly desirable area. The property's 3,449 square feet provide ample space for a growing business or a company seeking to establish a strong foothold in the Anchorage market. The building's single-story design offers convenient access and efficient layout. This is an exceptional opportunity to secure a well-maintained, recently renovated space in a thriving Anchorage business district. The property's versatility makes it suitable for a wide range of commercial enterprises. Don't miss this chance to establish your business in a highly sought-after location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Total area
3,108 SF
Lot
0.45 ac (19,776 SF)
Zoning code
CN-NEIGHBORHOOD COMMERCIA
APN
21002201710000
UPID
US34-0057243
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$490k
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$650k
Owner & transaction history
Zoning & alternative use
CN-NEIGHBORHOOD COMMERCIA · Anchorage, KY
Top alternative use upside
Auto repair, garage
$575,000
+28.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$650k
Value range
$585k – $715k
±10% around blend
Estimated value / SF
$209 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$585k
blend $650k
$715k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,108 SF
Lot area
0.45 ac
Year built
1910
Stories
2
APN
21002201710000
Zoning
CN-NEIGHBORHOOD COMMERCIA
Assessed value
$1,139,560
Annual tax
$4,535
3
Income approach: direct capitalization
Partial preview
Income approach indication
$490k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$535k
@ 6.5% CAP return
$490k
@ 7% CAP return
$455k
4
Sales comparison
Partial preview
Sales approach indication
$354k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.5 mi away · 3,888 SF
3.7 mi away · 2,530 SF
3.7 mi away · 2,530 SF
5.0 mi away · 3,447 SF
5.9 mi away · 2,911 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$650k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 89 sales
$144
+45%
County 559 sales
$117
+79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $209/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+28%
vs current-use indication
Office Building · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.14M
Move the market yield to see immediate price impact.
Value / SF
$367
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$72k
$1.44M
$1.03M
$798k
$80k
$1.60M
$1.14M
$886k
$88k
$1.75M
$1.25M
$975k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$96k
2.2 mi · Apr 2026 · $29/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,535
Tax year 2023
Assessed value
$1,139,560
Assessed 2023
Previous assessed
$1,139,560
+0.0% YoY
Effective rate
0.40%
On assessed value
Assessed land
$223,250
Assessed improvement
$916,310
Land market value
$223,250
Improvement market value
$916,310
Total market value
$1,139,560
Applied tax rate
20.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
3,108 SF
Lot
0.45 ac (19,776 SF)
Zoning code
CN-NEIGHBORHOOD COMMERCIA
APN
21002201710000
UPID
US34-0057243
Jurisdiction
JEFFERSON
Zoning & alternative use
CN-NEIGHBORHOOD COMMERCIA · Anchorage, KYZoning CN-NEIGHBORHOOD COMMERCIA · permitted uses
CN-NEIGHBORHOOD COMMERCIA · Anchorage, KY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CN-NEIGHBORHOOD COMMERCIA
Jurisdiction
Anchorage, KY
Recorded code
CN-NEIGHBORHOOD COMMERCIA
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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