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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Office buildings
4721 Aircraft Dr Anchorage, AK 99502-1080
Entity Owned
Free & Clear
Property ID
US02-0085842
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1959
Construction
STEEL FRAME
Total area
5,472 SF
Lot
2.05 ac (89,298 SF)
Zoning code
TR
APN
010-271-19-001
UPID
US02-0085842
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
-
Alaska Aviation Museum Museum Children'S Museum
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
ALASKA AVIATION HERITAGE MUSEUM INC
ALASKA AVIATION HERITAGE MUSEUM INC
Zoning & alternative use
TR · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The transition district, developed in the 1960s as the unrestricted district (U), was originally intended for areas that were not expected to develop in the immediate future, and as development patterns occurred, were intended to be rezoned to more restrictive zoning classifications
Zone name
Transition
General category
UNKNOWN
Zone area
215,070.39 ac
Source
Realmo
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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±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
$65 / 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
$12,095
Tax year 2023
Assessed value
$710,200
Assessed 2023
Previous assessed
$710,200
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$239,500
Assessed improvement
$470,700
Land market value
$239,500
Improvement market value
$470,700
Total market value
$710,200
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
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
1959
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
NONE
Stories
1
Total area
5,472 SF
Lot
2.05 ac (89,298 SF)
Zoning code
TR
APN
010-271-19-001
UPID
US02-0085842
Jurisdiction
ANCHORAGE
Zoning & alternative use
TR · Anchorage, AKZoning TR · permitted uses
TR · Anchorage, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The transition district, developed in the 1960s as the unrestricted district (U), was originally intended for areas that were not expected to develop in the immediate future, and as development patterns occurred, were intended to be rezoned to more restrictive zoning classifications
Zone name
Transition
General category
UNKNOWN
Zone area
215,070.39 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1959
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
ALASKA AVIATION HERITAGE MUSEUM INC
Entity
Free & Clear · 0 yrs held
Mailing address
4721 AIRCRAFT DR, ANCHORAGE, AK 99502-1080
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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