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Property profile & analytics
OFF-MARKET
Estimated value
$4,050,000
Office buildings
3350 Midtown Pl Anchorage, AK 99503-4053
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US02-0154541
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2011
Total area
35,540 SF
Lot
1.79 ac (77,972 SF)
Zoning code
B3 GENERAL BUSINESS
APN
009-051-15-000
UPID
US02-0154541
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
-
Peak Trust Company Bank
-
Terry Beal Real Estate Agency
-
Alaska Real Estate Training School Vocational School Training Center
-
Homes In Alaska - The Mary Cox Real Estate Team Real Estate Agency
-
RE/MAX Dynamic Properties - Anchorage, Alaska Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.73M
Blend (final)
Blend
$4.05M
Owner & transaction history
Dankor Dev LLC · 7 yrs held
Dankor Dev LLC
since 2018
6 recorded transactions
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+80.6%
Restaurant
$3.5M
+39.6%
Medical building
$2.9M
+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
$2,490,000
Current use
COMMERCIAL (GENERAL)
$4,500,000
Change: +81% · Conversion: Easy
RESTAURANT
$3,480,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$2,900,000
Change: +16% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,690,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$4.05M
Range $3.65M – $4.46M · ±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
$114 / 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
$126,708
Tax year 2023
Assessed value
$7,440,300
Assessed 2023
Previous assessed
$7,440,300
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$2,110,900
Assessed improvement
$5,329,400
Land market value
$2,110,900
Improvement market value
$5,329,400
Total market value
$7,440,300
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
2011
Heating
HOT WATER
Cooling
CENTRAL
Stories
3
Total area
35,540 SF
Lot
1.79 ac (77,972 SF)
Zoning code
B3 GENERAL BUSINESS
APN
009-051-15-000
UPID
US02-0154541
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
$2.5M
COMMERCIAL (GENERAL)
Est. value
$4.5M
RESTAURANT
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2011
Heating
HOT WATER
Cooling
Yes
Stories
3
Lot
1.79 ac
Current owner
From public records · entity-resolved
Dankor Dev LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2206 BELAIR DR, ANCHORAGE, AK 99517-1378
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jun 24, 2019
—
Dankor Dev LLC
—
Deed
related
—
Sep 10, 2018
—
Dankor Dev LLC
Dankor Dev LLC
Quit Claim Deed
related
—
—
—
Dankor Dev LLC
—
Loan Modification
related
—
—
—
Dankor Dev LLC
—
Deed Of Trust
related
$3,641,000 · Evergreen Business Capital
—
—
Dankor Dev LLC
—
Deed Of Trust
related
$5,062,729 · Alaska USA FCU
—
—
Dankor Dev LLC
—
Deed Of Trust
related
$5,062,729 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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