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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Strip malls
2203 Dimond Blvd Anchorage, AK 99515-4517
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US02-0380035
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD FRAME
Total area
13,769 SF
Lot
1.83 ac (79,715 SF)
Zoning code
B3SL GENERAL BUSINESS
APN
012-342-23-000
UPID
US02-0380035
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Stacey Allen - State Farm Insurance Agent Insurance Agency
-
Papa Murphy's | Take 'N' Bake Pizza Restaurant
-
Misfits Salon Hair Salon
-
Brown Jug Dimond & Northwood - #263 (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Boho Beauty Co. Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$635k
Owner & transaction history
Diamond & Victor LLC · 19 yrs held
Diamond & Victor LLC
since 2007
6 recorded transactions
Zoning & alternative use
B3SL GENERAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$800,000
+55.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Anchorage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anchorage submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Current use
WAREHOUSE, STORAGE
$800,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$46 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,935
Tax year 2023
Assessed value
$2,110,100
Assessed 2023
Previous assessed
$2,110,100
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,382,100
Assessed improvement
$728,000
Land market value
$1,382,100
Improvement market value
$728,000
Total market value
$2,110,100
Applied tax rate
3.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
NONE
Stories
1
Total area
13,769 SF
Lot
1.83 ac (79,715 SF)
Zoning code
B3SL GENERAL BUSINESS
APN
012-342-23-000
UPID
US02-0380035
Jurisdiction
ANCHORAGE
Zoning & alternative use
B3SL GENERAL BUSINESS · Anchorage, AK
Zoning B3SL GENERAL BUSINESS · permitted uses
B3SL GENERAL BUSINESS · Anchorage, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Anchorage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Diamond & Victor LLC
Entity
Mailing address
700 W 58TH AVE, ANCHORAGE, AK 99518-1632
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Dimond & Victor LLC
—
Deed
related
$2,904,814 · First National Bank Alaska
Jan 31, 2008
—
Dimond & Victor LLC
—
Trustees Deed
related
$4,050,000 · First National Bank Alaska
Jun 8, 2007
—
Diamond & Victor LLC
Jabez Ents LLC
Warranty Deed
—
Jul 8, 2004
—
Jabez Ents LLC
Snelling,thomas & Sharon
Warranty Deed
related
—
—
—
Dimond & Victor LLC
—
Deed Of Trust
related
$4,000,000 · First National Bank Alaska
—
—
Thomas Snelling
—
Deed Of Trust
related
$925,000 · Jabez Ents LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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