Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,730,000
Office buildings
2525 C St Anchorage, AK 99503-2651
Individually Owned
Free & Clear
Property ID
US02-0136057
Property summary
AI-generated overview
This exceptional Class A office building, located in Anchorage's convenient Midtown area at 2525 C Street, offers a prime opportunity for businesses seeking executive-level space. The five-story building, constructed in 1977, boasts a total of 96,259 square feet, with a significant 50,214 square feet currently vacant and available for lease. Spaces range from a minimum of 1,473 square feet to a maximum contiguous space of 19,363 square feet, catering to a variety of business needs. The property sits on a generous 3.39-acre lot and features ample parking with 260 spaces available for tenants and guests. Building amenities include elevators, a staffed security/concierge desk, a large open atrium, and attractive landscaping. The building is zoned B3 - General Business (APN: 009-023-19
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Total area
96,259 SF
Lot
3.39 ac (147,668 SF)
Zoning code
B3 GENERAL BUSINESS
APN
009-023-19-000
UPID
US02-0136057
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
-
Nabors Alaska Drilling Inc Construction Company General Contractor
-
Peak Oilfield Services Co Trucking Company
-
Alaska Interstate Construction LLC Construction Company
-
Sramek-Hightower CPA's Accounting Firm Tax Preparation
-
Donlin Gold LLC Industrial Park Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.22M
Blend (final)
Blend
$9.73M
Owner & transaction history
Alaska Native Tribal Health Consort
Alaska Native Tribal Health Consort
since 2025
4 recorded transactions
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.2M
+80.6%
Restaurant
$9.4M
+39.6%
Medical building
$7.9M
+16.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,750,000
Current use
COMMERCIAL (GENERAL)
$12,185,000
Change: +81% · Conversion: Easy
RESTAURANT
$9,420,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$7,855,000
Change: +16% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,285,000
Change: +8% · Conversion: Easy
RETAIL STORES
$6,240,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,865,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$9.73M
Range $8.76M – $10.70M · ±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
$101 / 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
$279,312
Tax year 2023
Assessed value
$16,401,200
Assessed 2023
Previous assessed
$16,401,200
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$3,552,600
Assessed improvement
$12,848,600
Land market value
$3,552,600
Improvement market value
$12,848,600
Total market value
$16,401,200
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1977
Heating
HOT WATER
Cooling
CENTRAL
Total area
96,259 SF
Lot
3.39 ac (147,668 SF)
Zoning code
B3 GENERAL BUSINESS
APN
009-023-19-000
UPID
US02-0136057
Jurisdiction
ANCHORAGE
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, AK
Zoning B3 GENERAL BUSINESS · permitted uses
B3 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
OFFICE BUILDING Current
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$12.2M
RESTAURANT
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$7.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
RETAIL STORES
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1977
Heating
HOT WATER
Cooling
Yes
Lot
3.39 ac
Current owner
From public records · entity-resolved
Alaska Native Tribal Health Consort
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 93330, ANCHORAGE, AK 99509-3330
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
Alaska Native Tribal Health Consort
2525 C Street LLC
Warranty Deed
—
Mar 5, 2014
—
2525 C Street LLC
Cook Inlet Region INC
Warranty Deed
—
—
—
2525 Ce Street LLC
—
Loan Modification
related
—
—
—
Cook Inlet Region INC
—
Deed Of Trust
related
$14,625 · Northrim Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2525 C St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
