Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    17775 Caribou Hl Rem Ninilchik, AK 99639

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    17775 Caribou Hl Rem Ninilchik, AK 99639

    View on Map
    • Land
    • 99.90 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 17775 Caribou Hl Rem

    Lot size
    99.90 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 99.9-acre property, known as "Lost Creek Ranch," presents a unique opportunity in the heart of the Caribou Hills near Ninilchik, Alaska. The land boasts stunning views and rolling hills, offering both privacy and breathtaking scenery. The property includes a hand-hewn log cabin, an outhouse, and a storage shed nestled in a secluded hollow. Further up the hill, you'll find a barn, an equipment pole barn, and a pre-existing foundation ready for a new home construction. This off-grid ranch was once fully functional, offering a remarkable base for a variety of uses, from farming and recreational activities to a tranquil residential retreat. The property's four distinct lots provide flexibility for development or preservation. Located at 17775 Caribou Hills Rem, Ninilchik, AK 99639, this property is priced at $299,000 and offers a rare chance to own a substantial piece of Alaskan land with existing structures and significant potential. The combination of existing buildings, expansive acreage, and picturesque setting makes this a truly remarkable opportunity. The property is zoned for farm, hunting/recreational, and residential use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ninilchik
    County
    Kenai Peninsula Borough
    State
    Alaska
    Longitude
    -151.29
    Latitude
    60.0114

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      17475 Arcturus Loop

      Land • 1.00 Acre
      17475 Arcturus Loop, Ninilchik, AK 99639
      View Details
    • Value Estimation by Request
      0.70 Acres

      Straight In Trl

      Land • 0.70 Acres
      0 Straight In Trl, Ninilchik, AK 99639
      View Details
    • Value Estimation by Request
      16.85 Acres

      14953 Jesses Trl

      Land • 16.85 Acres
      14953 Jesses Trl, Ninilchik, AK 99639
      View Details
    • Value Estimation by Request
      9.14 Acres

      Beatty Ave

      Land • 9.14 Acres
      0 Beatty Ave, Ninilchik, AK 99639
      View Details
    • Value Estimation by Request
      6,060 SF

      66360 Bev Ave

      APARTMENT HOUSE (5+ UNITS) • 6,060 SF
      66360 Bev Ave, Ninilchik, AK 99639
      View Details
    • Value Estimation by Request
      806 SF

      67650 Wayside Rd

      MOBILE HOME PARK, TRAILER PARK • 806 SF
      67650 Wayside Rd, Ninilchik, AK 99639
      View Details

    Similar Nearby for Sale

    • $31,680

      Ninilchik Acreage with Development Potential

      1.25 acres near school and shopping with development opportunities.
      66597 Bach Ave, Ninilchik, AK 99639
      View Details
    • $50,000

      Undeveloped View Lot Near Fishing

      Undeveloped land near rivers and ocean, ideal for recreation.
      15422 Tovarish Rd, Ninilchik, AK 99639
      View Details
    • $175,000

      Ninilchik Land with Tiny Home

      3.9 acres with unfinished tiny home and maintained RV.
      63760 Elizabeth Ave, Ninilchik, AK 99639
      View Details
    • $149,000

      40 Acres of Alaskan Land

      40 acres of dry land with mixed trees near highway.
      67212 Homestead Rd, Ninilchik, AK 99639
      View Details
    • $55,000

      Undeveloped View Lot Near Fishing

      Undeveloped land near rivers and ocean with utilities available.
      15522 Tovarish Rd, Ninilchik, AK 99639
      View Details
    • Contact for pricing

      Undeveloped View Lot on Kenai

      Undeveloped lot near fishing, ATV, and snowmachine trails.
      17475 Arcturus Loop, Ninilchik, AK 99639
      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.
    17775 Caribou Hl Rem
    Ninilchik, AK 99639
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    17775 Caribou Hl Rem, Ninilchik, AK, 99639

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!