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Property profile & analytics
OFF-MARKET
Bars & Pubs
2828 Dimond Blvd Anchorage, AK 99502-1677
Entity Owned
2-yr Hold
Free & Clear
Property ID
US02-0095128
Property summary
AI-generated overview
This exceptional 3,055 square foot commercial property, located at 2828 W Dimond Blvd in Anchorage, Alaska (99502), presents a unique investment opportunity. Situated on a sizable 0.84-acre lot (36,776 square feet) zoned B3: General Business, this property offers immense potential for redevelopment or restoration. The single-story, 1975-built building is currently vacant, providing a blank canvas for your vision. Previously operating as the Hideaway Club, this established location in south Anchorage boasts high visibility and accessibility. The asking price is $650,000, representing a fee simple ownership. With its substantial lot size and flexible zoning, this property is ideal for a variety of commercial uses. The seller is open to exploring various development proposals. This is a value-add and/or redevelopment opportunity with a net operating income (NOI) currently at $0 due to vacancy. The property consists of one unit and features ample space for a wide range of businesses. Serious inquiries are encouraged.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1953
Construction
WOOD FRAME
Total area
3,055 SF
Lot
0.31 ac (13,342 SF)
Zoning code
B3 GENERAL BUSINESS
APN
012-381-20-000
UPID
US02-0095128
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
A T S S INC · 2 yrs held
A T S S INC
since 2023
4 recorded transactions
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,230
Tax year 2023
Assessed value
$290,200
Assessed 2023
Previous assessed
$290,200
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$208,700
Assessed improvement
$81,500
Land market value
$208,700
Improvement market value
$81,500
Total market value
$290,200
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
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1953
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
3,055 SF
Lot
0.31 ac (13,342 SF)
Zoning code
B3 GENERAL BUSINESS
APN
012-381-20-000
UPID
US02-0095128
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.
Building & site characteristics
From public records
Year built
1953
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
A T S S INC
Entity
Free & Clear · 2 yrs held
Mailing address
4510 SPENARD RD APT #16, ANCHORAGE, AK 99517-2945
Ownership since
2023
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
Nov 2, 2023
—
Maryanne S Baker
—
Deed
related
$66,333 · Hugh J Wade
Nov 1, 2023
—
A T S S INC
Municipality Of Anchorage
Quit Claim Deed
related
—
—
—
A T S S INC
—
Deed Of Trust
related
$299,061 · First National Bank Anchorage
—
—
Atss INC
—
Deed Of Trust
related
$50,337 · First National Bank Alaska
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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