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    Property profile & analytics

    312 4th Ave Anchorage, AK 99501-2609

    • Turn key restaurants
    • 7,460 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US02-0067096
    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

    • La Cabaña Mexican Restaurant / Latin American Restaurant / Mexican Restaurant
    • Panhandle Bar / Bar

    Property Details for 312 4th Ave

    Year built
    1973
    Construction
    WOOD FRAME
    Lot size
    0.15 lot acres
    Property size
    7,460 SF
    Zone code
    B2C CENTRAL BUSINESS
    Property type
    Turn key restaurants
    APN
    002-095-41-000
    APU
    209541000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $505,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $520,000
      Mixed-Use
      $395,000
      Hospitality
      $520,000
      Educational
      $475,000
      Residential Income
      $510,000
      Energy
      $475,000
      Income-Based Land
      $485,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.879
    Latitude
    61.2183
    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
    $9,152
    $202,900
    $334,500
    $537,400
    -
    $202,900
    $334,500
    $537,400

    Comparable in this City

    • Value Estimation
      $325,000
      3,000 SF

      533 4th Ave

      RESTAURANT • 3,000 SF
      533 4th Ave, Anchorage, AK 99501-2211
      View Details
    • Value Estimation
      $270,000
      0.15 Acres

      Anchorage, AK 99501

      RESTAURANT • 0.15 Acres
      Anchorage, AK 99501
      View Details
    • Value Estimation by Request
      16,308 SF

      609 F St

      RESTAURANT • 16,308 SF
      609 F St, Anchorage, AK 99501-3533
      View Details
    • Value Estimation
      $395,000
      1,828 SF

      611 9th Ave

      RESTAURANT • 1,828 SF
      611 9th Ave, Anchorage, AK 99501-3436
      View Details
    • Value Estimation
      $365,000
      5,150 SF

      417 5th Ave

      RESTAURANT • 5,150 SF
      417 5th Ave, Anchorage, AK 99501-2309
      View Details
    • Value Estimation by Request
      4,872 SF

      610 6th Ave

      RESTAURANT • 4,872 SF
      610 6th Ave, Anchorage, AK 99501-2225
      View Details

    Similar Nearby for Sale

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      0.48 Acres

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    Similar Nearby for Lease

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      Anchorage Class A Office Space

      Prime Downtown Anchorage Office Suites Available
      745 4Th Ave, Anchorage, AK 99501
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      Prime Anchorage warehouse, ample parking.
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      Modern Offices, Prime Location, Available Now
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      View Details
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    312 4th Ave
    Anchorage, AK 99501-2609
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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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