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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Commercial land
11501 Old Glenn Hwy Eagle River, AK 99577-7308
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US02-0359047
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1963
Construction
WOOD FRAME
Total area
15,270 SF
Lot
0.47 ac (20,292 SF)
Zoning code
CE B3
APN
050-161-23-000
UPID
US02-0359047
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
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$640k
Owner & transaction history
Jose Nanez · 14 yrs held
Jose Nanez
since 2011
5 recorded transactions
Zoning & alternative use
CE B3 · Eagle River, 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 Eagle River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle River 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
Method
Estimation
Statistic approach
by Request
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$42 / SF
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
$5,179
Tax year 2023
Assessed value
$297,500
Assessed 2023
Previous assessed
$297,500
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$297,500
Land market value
$297,500
Total market value
$297,500
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
YES
Total area
15,270 SF
Lot
0.47 ac (20,292 SF)
Zoning code
CE B3
APN
050-161-23-000
UPID
US02-0359047
Jurisdiction
ANCHORAGE
Zoning & alternative use
CE B3 · Eagle River, AK
Zoning CE B3 · permitted uses
CE B3 · Eagle River, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Lot
0.47 ac
Current owner
From public records · entity-resolved
Jose Nanez
Individual
Mailing address
16751 THEODORE DR, EAGLE RIVER, AK 99577-6702
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2011
—
Jose Nanez
Luis Antonio Orozco Salinas
Warranty Deed
$565,000 · Matanuska Valley Federal Credit Uni
Jul 29, 2009
—
Luis Orozco Family Trust
Zions First National Bank
Corporation Deed
$400,000 · Matanuska Valley Federal Credit Uni
Jul 23, 2008
$817,221
Zions Bank
Fidelity Title Agency Of Alaska
Trustees Deed
related
—
Apr 12, 2004
—
Gold Rush Investments LLC
Malekos,george & Susan
Grant Deed
$753,595 · Key Bank NA
—
—
Gold Rush Investments LLC
—
Deed Of Trust
related
$545,000 · Rural Housing & Community Dev
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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