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Property profile & analytics
OFF-MARKET
Parking lots & garages
11151 Grow Ln Palmer, AK 99645-8878
Trust Owned
5-yr Hold
Free & Clear
Property ID
US02-0376810
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2018
Construction
WOOD FRAME
Total area
2,182 SF
Lot
0.98 ac (42,689 SF)
Zoning code
3
APN
2474B02L002
UPID
US02-0376810
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Howell,donald & Robin Trust · 5 yrs held
Howell,donald & Robin Trust
since 2020
7 recorded transactions
Zoning & alternative use
3 · Palmer, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,015
Tax year 2023
Assessed value
$537,900
Assessed 2023
Previous assessed
$487,400
+10.4% YoY
Effective rate
0.56%
On assessed value
Assessed land
$39,000
Assessed improvement
$498,900
Land market value
$39,000
Improvement market value
$498,900
Total market value
$537,900
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2018
Construction
WOOD FRAME
Heating
NONE
Total area
2,182 SF
Lot
0.98 ac (42,689 SF)
Zoning code
3
APN
2474B02L002
UPID
US02-0376810
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
3 · Palmer, AK
Zoning 3 · permitted uses
3 · Palmer, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
WOOD FRAME
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
Howell,donald & Robin Trust
Trust
Free & Clear · 5 yrs held
Mailing address
11151 E GROW LN, PALMER, AK 99645-8878
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Howell,donald & Robin Trust
Donald D Howell
Quit Claim Deed
related
—
Oct 16, 2018
—
Donald D Howell
—
Deed
related
$337,000 · First National Bank Alaska
Sep 12, 2018
—
Donald D Howell
—
Trustees Deed
related
$100,000 · First Nat'l Bk
May 31, 2018
—
Donald D Howell
—
Trustees Deed
related
$230,000 · First Nat'l Bk
Feb 21, 2018
—
Donald D Howell
Guido,christine E
Warranty Deed
related
—
Apr 18, 2007
—
Christine E Guido
Zane D Henning
Warranty Deed
$38,000 · Matanuska Valley FCU
Apr 9, 2004
—
Zane D Henning
Wallace,kevin R & Teresa R
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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