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Property profile & analytics
OFF-MARKET
Estimated value
$3,905,000
Office buildings
310 K St Anchorage, AK 99501-2043
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US02-0043989
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Total area
87,957 SF
Lot
0.49 ac (21,300 SF)
Zoning code
B2C CENTRAL BUSINESS
APN
001-033-27-000
UPID
US02-0043989
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
-
Jago Contracting & Management LLC Construction Company General Contractor
-
Alaska Court Reporting & Transcribing Services Electronics & Wireless Store Big Box & Wholesale Store
-
Integrated System Group Inc Production Facility Building Supply
-
Law Department-Criminal Division Police Department Government
-
ALASKA DIVORCE CENTER FOR MEN. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.91M
Owner & transaction history
Whale Building LLC · 11 yrs held
Whale Building LLC
since 2014
6 recorded transactions
Zoning & alternative use
B2C CENTRAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.3M
+3.2%
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
OFFICE BUILDING
$6,080,000
Current use
RETAIL STORES
$6,275,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,970,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.91M
Range $3.51M – $4.30M · ±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
$44 / 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
$209,496
Tax year 2023
Assessed value
$12,301,600
Assessed 2023
Previous assessed
$12,301,600
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,595,600
Assessed improvement
$10,706,000
Land market value
$1,595,600
Improvement market value
$10,706,000
Total market value
$12,301,600
Applied tax rate
1.0000
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
1975
Heating
HOT WATER
Cooling
CENTRAL
Stories
7
Total area
87,957 SF
Lot
0.49 ac (21,300 SF)
Zoning code
B2C CENTRAL BUSINESS
APN
001-033-27-000
UPID
US02-0043989
Jurisdiction
ANCHORAGE
Zoning & alternative use
B2C CENTRAL BUSINESS · Anchorage, AK
Zoning B2C CENTRAL BUSINESS · permitted uses
B2C CENTRAL 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
$6.1M
RETAIL STORES
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.0M
OFFICE BUILDING Current
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
1975
Heating
HOT WATER
Cooling
Yes
Stories
7
Lot
0.49 ac
Current owner
From public records · entity-resolved
Whale Building LLC
Entity
Mailing address
12101 INDUSTRY WAY STE C5, ANCHORAGE, AK 99515-3565
Ownership since
2014
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
Aug 11, 2017
—
Whale Building LLC
—
Deed
related
$10,000,000 · Miscellaneous Ins Co
Oct 3, 2014
—
Whale Building LLC
Alice C Martin
Correction Deed
$10,000,000 · Miscellaneous Ins Co
Dec 7, 2010
—
Whale Building LLC
Martin,alice C
Warranty Deed
$1,576,320 · Alice C Martin
—
—
Whale Building LLC
—
Deed Of Trust
related
$5,760,000 · Northwestern Mutual Life Ins
—
—
Whale Building LLC
—
Loan Modification
related
$10,000,000 · Miscellaneous Ins Co
—
—
Whale Building LLC
—
Deed Of Trust
related
$5,240,000 · Northwestern Mutual Life Ins
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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