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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Hotels
2511 Sentry Dr Anchorage, AK 99507-4448
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US02-0373468
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1992
Construction
WOOD FRAME
Total area
34,644 SF
Lot
17.41 ac (758,380 SF)
Zoning code
R3SL MULTI-FAMILY
APN
016-244-54-000
UPID
US02-0373468
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
-
Mountain Coast Vineyard Church
-
Wellspring Ministries Alaska Church
-
Pacific Northern Academy High School
-
Mountain Coast Church - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.24M
Owner & transaction history
Wellspring Ministries Of Alaska · 19 yrs held
Wellspring Ministries Of Alaska
since 2006
6 recorded transactions
Zoning & alternative use
R3SL MULTI-FAMILY · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.0M
+84.3%
Industrial (general)
$2.0M
+77.4%
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
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,100,000
Current use
WAREHOUSE, STORAGE
$2,025,000
Change: +84% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,950,000
Change: +77% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±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
$36 / 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
$89,203
Tax year 2023
Assessed value
$5,238,000
Assessed 2023
Previous assessed
$5,238,000
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$2,422,000
Assessed improvement
$2,816,000
Land market value
$2,422,000
Improvement market value
$2,816,000
Total market value
$5,238,000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
NONE
Total area
34,644 SF
Lot
17.41 ac (758,380 SF)
Zoning code
R3SL MULTI-FAMILY
APN
016-244-54-000
UPID
US02-0373468
Jurisdiction
ANCHORAGE
Zoning & alternative use
R3SL MULTI-FAMILY · Anchorage, AK
Zoning R3SL MULTI-FAMILY · permitted uses
R3SL MULTI-FAMILY · 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
HOTEL/MOTEL Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Lot
17.41 ac
Current owner
From public records · entity-resolved
Wellspring Ministries Of Alaska
Individual
Mailing address
3900 ARCTIC BLVD STE #102, ANCHORAGE, AK 99503-5780
Ownership since
2006
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 17, 2018
—
Wellspring Ministries Of Alaska INC
—
Deed
related
$2,400,000 · Alaska USA FCU
Oct 26, 2006
—
Wellspring Ministries Of Alaska
Plooy 2000 Trust
Warranty Deed
$2,764,891 · Northrim Bank
Nov 22, 2005
—
Plooy 2000 Trust
Plooy 2000 Trust
Quit Claim Deed
related
—
Jun 17, 2005
—
Kaylen Lebaron
Changepoint
Warranty Deed
$3,870,000 · Changepoint
—
—
Wellspring Ministries Of Alaska
—
Deed Of Trust
related
$2,600,000 · Key Bank & Trust
—
—
Grace Community Church INC
—
Deed Of Trust
related
$1,488,000 · Wells Fargo Bank Alaska NA
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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