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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Retail space
4353 Lk Otis Pkwy Anchorage, AK 99508-5216
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US02-0258535
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
15,279 SF
Lot
1.43 ac (62,291 SF)
Zoning code
B3 GENERAL BUSINESS
APN
008-033-66-000
UPID
US02-0258535
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
COVID-19 Drive-thru Testing at Walgreens Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.96M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$3.50M
Owner & transaction history
Roger Curry Properties LLC · 6 yrs held
Roger Curry Properties LLC
since 2019
3 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,290,000
6.5%
$3,960,000
7%
$3,675,000
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±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
$229 / 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
$54,241
Tax year 2023
Assessed value
$3,185,000
Assessed 2023
Previous assessed
$3,185,000
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,441,900
Assessed improvement
$1,743,100
Land market value
$1,441,900
Improvement market value
$1,743,100
Total market value
$3,185,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
15,279 SF
Lot
1.43 ac (62,291 SF)
Zoning code
B3 GENERAL BUSINESS
APN
008-033-66-000
UPID
US02-0258535
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Roger Curry Properties LLC
Entity
Mailing address
PO BOX 3967, OMAK, WA 98841-3967
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
Roger Curry Properties LLC
Curry Property & Management LP
Quit Claim Deed
related
$3,360,000 · Miscellaneous Ins Co
Nov 10, 2015
—
Curry Property & Management LP
Lake Otis Holdings LLC
Grant Deed
$3,360,000 · Miscellaneous Ins Co
—
—
Lake Otis Holdings LLC
—
Deed Of Trust
related
$7,000,000 · First Internet Bk/in
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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