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    Property profile & analytics

    Anchorage, AK 99508

    • Hotels
    • 8,872 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $565,000
    Location Intelligence
    Property ID
    US02-0153987
    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 / Party Store / Balloon 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
    1960
    Construction
    WOOD FRAME
    Lot size
    0.20 lot acres
    Property size
    8,872 SF
    Zone code
    R4 MULTI-FAMILY
    Property type
    Hotels
    Property subtype
    Motels
    APN
    006-293-18-000
    APU
    629318000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $725,000
      7%
      $695,000

    • Comparable approach

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

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $725,000
      Mixed-Use
      $615,000
      Hospitality
      $700,000
      Educational
      $700,000
      Residential Income
      $640,000
      Energy
      $785,000
      Income-Based Land
      $735,000
      Food Service
      $750,000

    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.787
    Latitude
    61.2239
    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
    $14,970
    $93,200
    $737,400
    $830,600
    -
    $93,200
    $737,400
    $830,600

    Comparable in this City

    • Value Estimation by Request
      114,903 SF

      2905 Lk Otis Pkwy

      HOTEL/MOTEL • 114,903 SF
      2905 Lk Otis Pkwy, Anchorage, AK 99508-4564
      View Details
    • Value Estimation by Request
      53,088 SF

      624 Rodeo Pl

      HOTEL/MOTEL • 53,088 SF
      624 Rodeo Pl, Anchorage, AK 99508-2100
      View Details
    • Value Estimation by Request
      9,206 SF

      5144 22nd Ave

      HOTEL/MOTEL • 9,206 SF
      5144 22nd Ave, Anchorage, AK 99508-3704
      View Details
    • Value Estimation by Request
      52,188 SF

      2220 Nichols St

      HOTEL/MOTEL • 52,188 SF
      2220 Nichols St, Anchorage, AK 99508-3455
      View Details
    • Value Estimation by Request
      111,452 SF

      4043 Tudor Ctr Dr

      HOTEL/MOTEL • 111,452 SF
      4043 Tudor Ctr Dr, Anchorage, AK 99508-5932
      View Details
    • Value Estimation by Request
      64,074 SF

      1200 San Antonio St

      HOTEL/MOTEL • 64,074 SF
      1200 San Antonio St, Anchorage, AK 99508-2766
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $2 SF/Yr
      99,833 SF

      Anchorage Office Building For Lease

      Prominently located office building with branding opportunity for tenant.
      949 E 36Th Ave, Anchorage, AK 99508
      View Details
    • $2 SF/Yr
      14,312 SF

      Anchorage Office Building For Lease

      Established office building with branding opportunity along Seward Highway.
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    • $2 SF/Yr
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      Anchorage Office Building For Lease

      Prominently located office building with branding opportunity for tenant.
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      View Details
    • $2 SF/Yr
      99,833 SF

      Anchorage Office Building For Lease

      Prominently located office building with branding opportunity for tenant.
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      View Details
    • $30 SF/Yr
      77,891 SF

      Bragaw Office Center: Anchorage A-Class Space

      Anchorage Office Space: 17,506 sq ft available.
      1835 Bragaw St, Anchorage, AK 99508
      View Details
    • $2 SF/Yr
      99,833 SF

      Anchorage Office Building For Lease

      Prominently located office building with branding opportunity in Anchorage, AK.
      949 E 36Th Ave, Anchorage, AK 99508
      View Details
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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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