Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1911 5th Ave Anchorage, AK 99501-2929
    Back to Search
    Property profile & analytics

    1911 5th Ave, Anchorage, AK 99501-2929

    View on Map
    • Bars & Pubs
    • 10,045 SF
    • 0.45 lot acres
    Off-Market
    Last Sale Sep 23, 2020
    Property ID
    US02-0134154
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Revelation Baptist Church / Church

    Property Details for 1911 5th Ave

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.45 lot acres
    Zone code
    B3 GENERAL BUSINESS
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    003-081-66-000
    APU
    308166000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 6, 2025 — Cb Homes LLC Gerry F Dunegan Quitclaim Deed · related —
    Sep 23, 2020 — Linda C Dunegan Kathleen Hartman Warranty Deed $495k · First National Bank Alaska
    Mar 5, 2019 — 1911 E 5th Ave Trust Hartman,kathleen A Warranty Deed —
    Jan 6, 2016 — 1911 East Fifth Ave Trust Northern Pacific Finl Holding Quit Claim Deed · related —
    Nov 19, 2014 — Pacific Finl Holding Northern Hartman Kathy Living Trust Grant Deed —
    Sep 12, 2014 — 1911 East Fifth Ave Trust Hartman Kathy Living Trust Quit Claim Deed · related —
    Dec 31, 2013 — Hartman,kathy Living Trust Hartman,kathleen A Quit Claim Deed · related —
    Oct 26, 2004 — Hartman,kathleen A — Trustees Deed · related $1.4M · First Nat'l Bk/ak
    — — Kathleen A Hartman — Loan Modification · related —
    — — Kathleen A Hartman — Loan Modification · related —
    — — Kathleen A Hartman — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.845
    Latitude
    61.2178
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,247
    $356,800
    $10,000
    $366,800
    -
    $356,800
    $10,000
    $366,800

    Comparable in this City

    • Value Estimation by Request
      3,672 SF

      338 4th Ave

      BAR, TAVERN
      338 4th Ave, Anchorage, AK 99501-2321
      View Details
    • Value Estimation by Request
      0.00 Acres

      426 G St

      BAR, TAVERN
      426 G St, Anchorage, AK 99501-2127
      View Details
    • Value Estimation by Request
      8,930 SF

      1166 Gambell St

      BAR, TAVERN
      1166 Gambell St, Anchorage, AK 99501-4626
      View Details
    • Value Estimation by Request
      5,574 SF

      530 5th Ave

      BAR, TAVERN
      530 5th Ave, Anchorage, AK 99501-2636
      View Details
    • Value Estimation by Request
      0.16 Acres

      Anchorage, AK 99501

      BAR, TAVERN
      Anchorage, AK 99501
      View Details
    • Value Estimation by Request
      6,060 SF

      312 4th Ave

      BAR, TAVERN
      312 4th Ave, Anchorage, AK 99501-2321
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,188 SF

      Anchorage Bar/Restaurant with Liquor License

      Downtown Anchorage bar/restaurant with liquor license for sale.
      626 D St, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Historical Nightclub/Bar/Restaurant Opportunity

      Former nightclub/bar/restaurant with great reputation for food and entertainment.
      535 W 3Rd Ave, Anchorage, AK 99501
      View Details
    • Contact for pricing
      3,000 SF

      Downtown Anchorage Restaurant Property

      Restaurant property for sale in downtown Anchorage.
      533 W 4Th Ave, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Downtown Anchorage Restaurant Property

      Restaurant property for sale in downtown Anchorage with lease in place.
      533 W 4Th Ave, Anchorage, AK 99501
      View Details
    • Contact for pricing
      1,472 SF

      Established Restaurant in Downtown Anchorage

      Turnkey restaurant opportunity in high-traffic downtown location.
      401 I St, Anchorage, AK 99501
      View Details
    • Contact for pricing
      90,883 SF

      Midtown Anchorage Automotive Property

      90,883 SF building on 8 acres in Midtown Anchorage.
      1950 Gambell St, Anchorage, AK 99501
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Turnkey Restaurant Space For Rent

      Renovated restaurant space with seating for 110 guests.
      441 W 5Th Ave, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Retail Space Near Glenn Highway

      Newer shopping center with strong co-tenancy near Glenn Highway.
      3074 Mountain View Dr, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Office or Retail Space Available

      First-floor suite for office or retail use, convenient location.
      106-203 W 15Th Ave, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Midtown Anchorage Commercial Space

      90,883 SF on 8 acres, available 2027.
      1950 Gambell St, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Retail Space Near Glenn Highway

      Shopping center space available off Glenn Highway in Anchorage.
      131-3048 Mountain View Dr, Anchorage, AK 99501
      View Details
    • Contact for pricing

      Midtown Location with Great Signage

      Excellent location, signage, gas and electric included in rent.
      200-3209 Denali St, Anchorage, AK 99501
      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.
    1911 5th Ave
    Anchorage, AK 99501-2929
    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
    1911 5th Ave, Anchorage, AK, 99501
    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!