Property profile

5520 Lk Otis Pkwy Anchorage, AK 99507

OFF-MARKET
Retail space
Property ID
US02-0097778
17,835 SF 1.43 ac lot Built 1984
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1984
Construction WOOD FRAME
Total area 17,835 SF
Lot 1.43 ac (62,291 SF)
Zoning code I1 LIGHT INDUSTRIAL
APN 009-261-95-000
UPID US02-0097778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising IT Consulting Firm
  • Grocery & Convenience Store Food Market
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Security Service

Location

5520 Lk Otis Pkwy Anchorage, AK 99507-1777
Anchorage metro Census 1801 ANCHORAGE, AK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$763k
Blend (final) Blend
$705k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

I1 LIGHT INDUSTRIAL · Anchorage, AK
Top alternative use upside
Warehouse, storage $1.0M +17.2%
Industrial (general) $1.0M +12.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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