Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    000 Colt Is Juneau, AK 99801

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Colt Is

    Property type
    Land
    Property subtype
    Private islands

    Description

    Colt Island, located in Juneau, Alaska, presents a unique opportunity to acquire 115.3 acres of pristine land. This exceptional property, offered at $1,789,000, is comprised of 107 subdivided lots, six additional tracts, and two access areas. Situated approximately 100 feet above sea level, the island boasts stunning ocean and mountain views. The mostly vacant land offers a blank canvas for a variety of development possibilities. Imagine creating a private island resort with numerous beach cabins, generating substantial income potential. Alternatively, the property could be developed into a luxurious fishing and hunting lodge, or even several exclusive private estates. The island's natural beauty provides ample opportunities for recreational activities, including trail riding, beachcombing, and exceptional fishing. Its convenient location, a short boat ride from Juneau, and easy flight from Seattle, enhances its appeal as a prime investment or a remarkable personal retreat. The established lots provide a solid foundation for immediate development, while the expansive acreage allows for creative and ambitious projects. This is a truly exceptional opportunity to own a piece of Alaskan paradise.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Juneau
    County
    Juneau
    State
    Alaska
    Longitude
    -134.727
    Latitude
    58.2692

    Comparable in this City

    • Value Estimation by Request

      275 Irwin St

      Land
      275 Irwin St, Juneau, AK 99801
      View Details
    • Value Estimation
      $270,000
      2,783 SF

      203 3rd St

      APARTMENT HOUSE (5+ UNITS) • 2,783 SF
      203 3rd St, Juneau, AK 99801-1742
      View Details
    • Value Estimation
      $400,000
      2,880 SF

      3601 Amalga St

      APARTMENT HOUSE (5+ UNITS) • 2,880 SF
      3601 Amalga St, Juneau, AK 99801-7501
      View Details
    • Value Estimation
      $1,060,000
      26,400 SF

      401 Cordova St

      APARTMENT HOUSE (5+ UNITS) • 26,400 SF
      401 Cordova St, Juneau, AK 99801-1950
      View Details
    • Value Estimation
      $440,000
      943 SF

      5875 Glacier Hwy

      MOBILE HOME PARK, TRAILER PARK • 943 SF
      5875 Glacier Hwy, Juneau, AK 99801-7218
      View Details
    • Value Estimation by Request
      4.45 Acres

      3355 Nowell Ave

      APARTMENT HOUSE (5+ UNITS) • 4.45 Acres
      3355 Nowell Ave, Juneau, AK 99801-1948
      View Details

    Similar Nearby for Sale

    • $184,400

      Downtown Juneau Residential Lot

      Prime Juneau location, multifamily zoning.
      275 Irwin St, Juneau, AK 99801
      View Details
    • $3,200,000

      Alderwood Apartments: Juneau Investment

      30-unit apartment building, strong rental income.
      9000 Stephen Richards Memorial Dr, Juneau, AK 99801
      View Details
    • $570,000
      2,240 SF

      Spacious Duplex with Workshop

      Move-in ready duplex with flexible living options and workshop.
      5851 Montgomery St, Juneau, AK 99801
      View Details
    • $415,000
      0.52 Acres

      Build-Ready Lot with Views

      Cleared Juneau lot with utilities and stunning views.
      Merritt Rd, Juneau, AK 99801
      View Details
    • $11,000,000
      0.77 Acres

      Prime Waterfront Commercial Land

      Rare 0.77-acre commercial waterfront property in Juneau's historic district.
      356 S Franklin St, Juneau, AK 99801
      View Details
    • $160,000
      1.39 Acres

      Remote Alaskan Recreational Land

      Secluded 1.39-acre lot on Horse Island near Juneau.
      Nhn Horse Is, Juneau, AK 99801
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      135,484 SF

      Nugget Mall: Juneau Retail Space

      Prime Juneau shopping center; multiple spaces available.
      8745 Glacier Hwy, Juneau, AK 99801
      View Details
    • $25 SF/Yr
      800 SF

      Juneau Airport Office Suite

      800 sq ft, prime Juneau location.
      9121 Glacier Hwy, Juneau, AK 99801
      View Details
    • $22 SF/Yr
      2,187 SF

      Juneau Airport Retail Space

      Prime Corner Suite, Juneau Airport
      9131 Glacier Hwy, Juneau, AK 99801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Colt Is
    Juneau, AK 99801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.