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    Property profile & analytics

    909 Chugach Way Anchorage, AK 99503-5666

    • Mobile home & RV parks
    • 2.37 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US02-0378935
    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

    • Mobile home & RV parks

    Property Details for 909 Chugach Way

    Lot size
    2.37 lot acres
    Zone code
    R-4A
    Property type
    Mobile home & RV parks
    APN
    010-114-28-000
    APU
    1011428000

    Description

    This exceptional 9.69-acre property in Anchorage, Alaska, presents a unique investment opportunity. The site encompasses 115-120 mobile home sites, a 4,200-square-foot commercial warehouse, a duplex, a small house, and a cabin. Currently generating approximately $300,000 in annual net operating income (NOI), this property offers immediate cash flow. Investors can capitalize on this strong performance by implementing value-enhancing improvements, such as adding rentable storage units, a community center, or laundry facilities to boost revenue. Alternatively, the R-4a zoning allows for high-density mixed-use redevelopment, unlocking significant potential for future growth. The property's location in a Qualified Opportunity Zone provides additional tax advantages for development. Built in 1960 and 1982, the property includes APNs 01114 28, 01114 08, 01114 36, and 01114 07, and is situated at 909 Chugach Way, Anchorage, AK 99503. The asking price is $6,100,000. This is a rare chance to acquire a substantial mixed-use asset in a thriving Alaskan market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $315,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $290,000
      Mixed-Use
      $315,000
      Hospitality
      $340,000
      Educational
      $345,000
      Residential Income
      $285,000
      Energy
      $260,000
      Income-Based Land
      $345,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.9
    Latitude
    61.1876
    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
    $6,955
    $408,400
    $0.00
    $408,400
    -
    $408,400
    $0.00
    $408,400

    Comparable in this City

    • Value Estimation
      $200,000
      0.23 Acres

      3202 Cope St

      MOBILE HOME PARK, TRAILER PARK • 0.23 Acres
      3202 Cope St, Anchorage, AK 99503-4592
      View Details
    • Value Estimation
      $340,000
      770 SF

      3406 Cope St

      MOBILE HOME PARK, TRAILER PARK • 770 SF
      3406 Cope St, Anchorage, AK 99503-4533
      View Details
    • Value Estimation by Request
      420 SF

      998 Wilshire Ave

      MOBILE HOME PARK, TRAILER PARK • 420 SF
      998 Wilshire Ave, Anchorage, AK 99503-5621
      View Details
    • Value Estimation
      $315,000
      408 SF

      910 36th Ave

      MOBILE HOME PARK, TRAILER PARK • 408 SF
      910 36th Ave, Anchorage, AK 99503-4510
      View Details
    • Value Estimation
      $280,000
      0.17 Acres

      Anchorage, AK 99503

      MOBILE HOME PARK, TRAILER PARK • 0.17 Acres
      Anchorage, AK 99503
      View Details
    • Value Estimation
      $315,000
      990 SF

      Anchorage, AK 99503

      MOBILE HOME PARK, TRAILER PARK • 990 SF
      Anchorage, AK 99503
      View Details

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    Anchorage, AK 99503-5666
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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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