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    Property profile & analytics

    Anchorage, AK 99501

    • Hotels
    • 11,554 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Location Intelligence
    Property ID
    US02-0123738
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Candy Store / Costume Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details

    Year built
    1973
    Lot size
    0.16 lot acres
    Property size
    11,554 SF
    Zone code
    B3 GENERAL BUSINESS
    Property type
    Hotels
    Property subtype
    Motels
    APN
    003-071-88-000
    APU
    307188000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $655,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $540,000
      Mixed-Use
      $595,000
      Hospitality
      $730,000
      Educational
      $560,000
      Residential Income
      $615,000
      Energy
      $540,000
      Income-Based Land
      $715,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.863
    Latitude
    61.2169
    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
    $14,884
    $145,400
    $728,600
    $874,000
    -
    $145,400
    $728,600
    $874,000

    Comparable in this City

    • Value Estimation by Request
      66,400 SF

      1327 Nelchina St

      HOTEL/MOTEL • 66,400 SF
      1327 Nelchina St, Anchorage, AK 99501-4825
      View Details
    • Value Estimation by Request
      11,934 SF

      433 Eagle St

      HOTEL/MOTEL • 11,934 SF
      433 Eagle St, Anchorage, AK 99501-2614
      View Details
    • Value Estimation by Request
      67,056 SF

      1110 8th Ave

      HOTEL/MOTEL • 67,056 SF
      1110 8th Ave, Anchorage, AK 99501-3350
      View Details
    • Value Estimation by Request
      96,315 SF

      1205 Ee St

      HOTEL/MOTEL • 96,315 SF
      1205 Ee St, Anchorage, AK 99501-4425
      View Details
    • Value Estimation by Request
      3,592 SF

      440 L St

      HOTEL/MOTEL • 3,592 SF
      440 L St, Anchorage, AK 99501-1925
      View Details
    • Value Estimation by Request
      62,037 SF

      325 8th Ave

      HOTEL/MOTEL • 62,037 SF
      325 8th Ave, Anchorage, AK 99501-3541
      View Details

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      Large warehouse, office space, ample yard. Ideal for aviation.
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    Similar Nearby for Lease

    • $30 SF/Yr
      8,108 SF

      Anchorage Class A Office Space

      Prime Downtown Anchorage Office Suites Available
      745 4Th Ave, Anchorage, AK 99501
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      Prime Anchorage warehouse, ample parking.
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      Downtown Anchorage Executive Suites

      Modern Offices, Prime Location, Available Now
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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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