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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Individual retail properties
5353 Lk Otis Pkwy Anchorage, AK 99507-1709
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US02-0123450
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1977
Construction
WOOD FRAME
Total area
51,816 SF
Lot
9.56 ac (416,434 SF)
Zoning code
PLI PUB LND & INSTITUTE
APN
008-081-04-000
UPID
US02-0123450
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
-
YMCA of Alaska Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$2.40M
Owner & transaction history
A Young Men S Crstn Assn Of Anchora · 7 yrs held
A Young Men S Crstn Assn Of Anchora
since 2019
3 recorded transactions
Zoning & alternative use
PLI PUB LND & INSTITUTE · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.9M
+59.8%
Warehouse, storage
$3.0M
+23.3%
Industrial (general)
$2.9M
+18.7%
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
$1,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$2,460,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,930,000
Change: +60% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,030,000
Change: +23% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,920,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±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
$46 / 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
$165,741
Tax year 2023
Assessed value
$9,732,300
Assessed 2023
Previous assessed
$9,732,300
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$3,838,400
Assessed improvement
$5,893,900
Land market value
$3,838,400
Improvement market value
$5,893,900
Total market value
$9,732,300
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1977
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Total area
51,816 SF
Lot
9.56 ac (416,434 SF)
Zoning code
PLI PUB LND & INSTITUTE
APN
008-081-04-000
UPID
US02-0123450
Jurisdiction
ANCHORAGE
Zoning & alternative use
PLI PUB LND & INSTITUTE · Anchorage, AK
Zoning PLI PUB LND & INSTITUTE · permitted uses
PLI PUB LND & INSTITUTE · 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
GYM, HEALTH SPA Current
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
GYM, HEALTH SPA Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1977
Construction
WOOD FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
9.56 ac
Current owner
From public records · entity-resolved
A Young Men S Crstn Assn Of Anchora
Individual
Mailing address
5353 LK OTIS PKWY, ANCHORAGE, AK 99507-1709
Mailing matches property
Yes
Owner-occupied
Yes
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
Jun 20, 2019
—
A Young Men S Crstn Assn Of Anchora
—
Deed
related
$382,300 · United States Small Business Admin
—
—
Young Mens Christian Assn Of Anc
—
Deed Of Trust
related
$133,330 · First National Bank Alaska
—
—
Young Mens Christian Assn Of Anc
—
Deed Of Trust
related
$266,670 · First National Bank Alaska
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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