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Property profile & analytics
OFF-MARKET
Estimated value
$2,720,000
Medical Office Space
2250 42nd Ave Anchorage, AK 99508-5202
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US02-0134060
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
21,560 SF
Lot
0.96 ac (41,820 SF)
Zoning code
B3SL GENERAL BUSINESS
APN
009-111-98-000
UPID
US02-0134060
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
-
Alaska Foot & Ankle Specialists: Anchorage Medical Clinic
-
Matt A. Heilala, DPM: Anchorage Physician
-
Jennifer R. Jansma, DPM: Anchorage Physician
-
David B. Randall, DPM: Anchorage Physician
-
Jared Kern, DPM: Anchorage Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$2.72M
Owner & transaction history
Opa 42mob LLC · 1 yrs held
Opa 42mob LLC
since 2024
6 recorded transactions
Zoning & alternative use
B3SL GENERAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+37.4%
Office building
$2.3M
+7.4%
Retail stores
$2.1M
+0.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,120,000
Current use
COMMERCIAL (GENERAL)
$2,915,000
Change: +37% · Conversion: Easy
OFFICE BUILDING
$2,280,000
Change: +7% · Conversion: Easy
RETAIL STORES
$2,125,000
Change: +0% · Conversion: Difficult
RESTAURANT
$2,075,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.72M
Range $2.45M – $2.99M · ±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
$126 / 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
$90,210
Tax year 2023
Assessed value
$5,297,100
Assessed 2023
Previous assessed
$5,297,100
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$671,500
Assessed improvement
$4,625,600
Land market value
$671,500
Improvement market value
$4,625,600
Total market value
$5,297,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Units
1
Total area
21,560 SF
Lot
0.96 ac (41,820 SF)
Zoning code
B3SL GENERAL BUSINESS
APN
009-111-98-000
UPID
US02-0134060
Jurisdiction
ANCHORAGE
Zoning & alternative use
B3SL GENERAL BUSINESS · Anchorage, AKZoning 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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
RESTAURANT
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
2018
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Opa 42mob LLC
Entity
Mailing address
3801 LK OTIS PKWY STE #300, ANCHORAGE, AK 99508-5234
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 27, 2024
—
Opa 42mob LLC
Msh Enterprises LLC
Warranty Deed
$7,600,000 · Northrim Bank
Oct 11, 2019
—
Msh Enterprises LLC
—
Deed
related
$6,840,848 · First National Bank Alaska
Aug 14, 2019
—
Msh Ents LLC
Heilala M & S L/tr
Quit Claim Deed
related
—
May 15, 2018
—
Heilala,matt & Stacey Liv Trust
—
Trustees Deed
related
$7,312,500 · Alaska USA FCU
Nov 9, 2016
—
Heilala,matt & Stacey Trust
Lake Otis Prof Center LLC
Warranty Deed
related
—
Dec 9, 2005
—
Lake Otis Prof Center LLC
Trautner,john J
Warranty Deed
$469,000 · Washington Capital Joint Maste
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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