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    Property profile & analytics

    7446 Lk Otis Pkwy Anchorage, AK 99507-2700

    • Garden apartment buildings
    • 7,385 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US02-0126964
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Raven Tax Inc / Accountant
    • Liberty Financial Services Inc / Tax Preparation Service
    • Ascend Construction / Home Builder

    Property Details for 7446 Lk Otis Pkwy

    Year built
    2002
    Construction
    WOOD FRAME
    Lot size
    0.34 lot acres
    Property size
    7,385 SF
    Zone code
    RO RES OFFICE
    Property type
    Garden apartment buildings
    APN
    014-131-07-000
    APU
    1413107000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $585,000
      6.5%
      $520,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $590,000
      Mixed-Use
      $595,000
      Hospitality
      $540,000
      Educational
      $615,000
      Residential Income
      $525,000
      Energy
      $635,000
      Income-Based Land
      $550,000
      Food Service
      $550,000

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.835
    Latitude
    61.153
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,943
    $112,500
    $722,500
    $835,000
    -
    $112,500
    $722,500
    $835,000

    Comparable in this City

    • Value Estimation by Request
      27,206 SF

      9701 Vanguard Dr

      GARDEN APT, COURT APT (5+ UNITS) • 27,206 SF
      9701 Vanguard Dr, Anchorage, AK 99507-5311
      View Details
    • Value Estimation by Request
      204,855 SF

      2110 56th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 204,855 SF
      2110 56th Ave, Anchorage, AK 99507-5426
      View Details
    • Value Estimation
      $385,000
      4,616 SF

      3020 46th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,616 SF
      3020 46th Ave, Anchorage, AK 99507-1571
      View Details
    • Value Estimation
      $645,000
      7,152 SF

      2010 73rd Ave

      GARDEN APT, COURT APT (5+ UNITS) • 7,152 SF
      2010 73rd Ave, Anchorage, AK 99507-2768
      View Details
    • Value Estimation
      $385,000
      4,151 SF

      2021 74th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,151 SF
      2021 74th Ave, Anchorage, AK 99507-2772
      View Details
    • Value Estimation
      $360,000
      3,840 SF

      1831 74th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,840 SF
      1831 74th Ave, Anchorage, AK 99507-2652
      View Details

    Similar Nearby for Sale

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      1.00 Acre

      Anchorage Land Package For Sale

      Nine residential lots totaling 80,584 SF in Anchorage, Alaska.
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    • $8,500,000
      33,000 SF

      Anchorage Industrial Property - 6.75 Acres

      Heavy Truck Shop, Office Space, Prime Location
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    • $649,000
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      Anchorage Office Building - Tudor Road

      Prime Anchorage Office, High Visibility, 1584 sq ft
      1563 Tudor Rd, Anchorage, AK 99507
      View Details
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    Anchorage, AK 99507-2700
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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