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    Property profile & analytics

    2304 Mcrae Rd Anchorage, AK 99517-2587

    • Garden apartment buildings
    • 6,728 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US02-0120571
    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.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2304 Mcrae Rd

    Year built
    1983
    Construction
    WOOD FRAME
    Lot size
    0.25 lot acres
    Property size
    6,728 SF
    Zone code
    R3 MULTI-FAMILY
    Property type
    Garden apartment buildings
    APN
    010-122-02-000
    APU
    1012202000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.927
    Latitude
    61.1858
    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
    $11,061
    $131,000
    $518,500
    $649,500
    -
    $131,000
    $518,500
    $649,500

    Comparable in this City

    • Value Estimation by Request
      7,128 SF

      2516 27th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 7,128 SF
      2516 27th Ave, Anchorage, AK 99517-1211
      View Details
    • Value Estimation by Request
      11,072 SF

      3905 Iowa Dr

      GARDEN APT, COURT APT (5+ UNITS) • 11,072 SF
      3905 Iowa Dr, Anchorage, AK 99517-2543
      View Details
    • Value Estimation
      $385,000
      3,816 SF

      3835 Carleton Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,816 SF
      3835 Carleton Ave, Anchorage, AK 99517-1551
      View Details
    • Value Estimation
      $360,000
      4,464 SF

      2805 29th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,464 SF
      2805 29th Ave, Anchorage, AK 99517-1705
      View Details
    • Value Estimation
      $405,000
      2,810 SF

      2805 32nd Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,810 SF
      2805 32nd Ave, Anchorage, AK 99517-1754
      View Details
    • Value Estimation
      $365,000
      2,392 SF

      3106 32nd Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,392 SF
      3106 32nd Ave, Anchorage, AK 99517-1758
      View Details
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    2304 Mcrae Rd
    Anchorage, AK 99517-2587
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    Realmo Value Estimation

    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.

    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.

    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
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