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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Community centers
333 4th Ave Anchorage, AK 99501-2341
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US02-0062002
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Total area
97,123 SF
Lot
0.87 ac (37,910 SF)
Zoning code
B2B CENTRAL BUSINESS
APN
002-104-15-000
UPID
US02-0062002
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
-
Present Hope Church Church
-
One People Gifts (Bike/Boat/Book/etc) Store
-
Downtown Bicycle Rental, Sales & Repair Cycling Facility (Bike/Boat/Book/etc) Store
-
Kupuyus Qalġi: Iñupiaq Artwork by Amos Lane Artist Art Studio
-
NORTHWEST Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.82M
Owner & transaction history
Alaska Market Place Limited Partner · 3 yrs held
Alaska Market Place Limited Partner
since 2023
7 recorded transactions
Zoning & alternative use
B2B CENTRAL 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±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
$19 / 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
$90,409
Tax year 2023
Assessed value
$5,308,800
Assessed 2023
Previous assessed
$5,308,800
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$2,485,000
Assessed improvement
$2,823,800
Land market value
$2,485,000
Improvement market value
$2,823,800
Total market value
$5,308,800
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Total area
97,123 SF
Lot
0.87 ac (37,910 SF)
Zoning code
B2B CENTRAL BUSINESS
APN
002-104-15-000
UPID
US02-0062002
Jurisdiction
ANCHORAGE
Zoning & alternative use
B2B CENTRAL BUSINESS · Anchorage, AK
Zoning B2B CENTRAL BUSINESS · permitted uses
B2B 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.
Building & site characteristics
From public records
Year built
1975
Heating
FORCED AIR
Cooling
Yes
Lot
0.87 ac
Current owner
From public records · entity-resolved
Alaska Market Place Limited Partner
Individual
Mailing address
445 E 5TH AVE STE #201, ANCHORAGE, AK 99501-2671
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Alaska Market Place LP
—
Deed
related
$6,300,000 · Dcr Mortgage 11 Sub 2 LLC
Jan 27, 2023
—
Alaska Market Place Limited Partner
Dcr6ak LLC
Warranty Deed
$4,274,000 · Dcr6al LLC
Aug 23, 2019
—
Dcr6ak LLC
Windward Town
Deed In Lieu Of Foreclosure
related
—
Mar 15, 2002
—
A S Farm LP
Farm Trust
Quit Claim Deed
related
—
—
—
Windward Town
—
Deed Of Trust
related
$6,000,000 · Sun Life Assurance Co
—
—
Jrw Ventures
—
Deed Of Trust
related
$200,000 · Northrim Bank
—
—
Jrw Ventures
—
Deed Of Trust
related
$35,000 · 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.
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