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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Warehouses
11700 Business Blvd Eagle River, AK 99577-7852
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US02-0084947
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
11,794 SF
Lot
4.07 ac (177,289 SF)
Zoning code
CE B3
APN
050-111-80-000
UPID
US02-0084947
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
Current use
Occupant on record · Public records
-
Publix Self Storage - Eagle River Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.23M
Owner & transaction history
Eagle River Self-storage LLC · 19 yrs held
Eagle River Self-storage LLC
since 2006
5 recorded transactions
Zoning & alternative use
CE B3 · Eagle River, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+74.9%
Restaurant
$1.2M
+26.2%
Office building
$1.1M
+16.9%
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
$940,000
CAP Approach
CAP Return
Estimation
6%
$1,670,000
6.5%
$1,540,000
7%
$1,430,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$910,000
Current use
COMMERCIAL (GENERAL)
$1,595,000
Change: +75% · Conversion: Difficult
RESTAURANT
$1,150,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,065,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,000,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$890,000
Change: -3% · Conversion: Easy
MEDICAL BUILDING
$865,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$104 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$83,473
Tax year 2024
Assessed value
$5,162,200
Assessed 2024
Previous assessed
$5,053,700
+2.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$1,813,100
Assessed improvement
$3,349,100
Land market value
$1,813,100
Improvement market value
$3,349,100
Total market value
$5,162,200
Applied tax rate
50.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
NONE
Stories
2
Total area
11,794 SF
Lot
4.07 ac (177,289 SF)
Zoning code
CE B3
APN
050-111-80-000
UPID
US02-0084947
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$910,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$865,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
4.07 ac
Current owner
From public records · entity-resolved
Eagle River Self-storage LLC
Entity
Free & Clear · 19 yrs held
Mailing address
2195 W DIMOND BLVD, ANCHORAGE, AK 99515-1457
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Aug 25, 2016
—
Eagle River Self-storage LLC
—
Deed
related
$5,500,000 · Miscellaneous Ins Co
Sep 8, 2006
—
Eagle River Self-storage LLC
Property Investments LLC
Warranty Deed
related
—
Sep 9, 2005
—
Eagle River Self-storage LLC
—
Trustees Deed
related
$3,975,000 · Northrim Bank
—
—
Eagle River Self-storage LLC
—
Deed Of Trust
related
$5,500,000 · Miscellaneous Ins Co
—
—
Eagle River Self Storage LLC
—
Deed Of Trust
related
$1,970,800 · Northrim Bank
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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