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    Property profile & analytics

    11940 Business Blvd Eagle River, AK 99577-7742

    • Office buildings
    • 11,665 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US02-0055599
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • North of 60 Mining News / Newspaper Publisher
    • Partners Real Estate / Property Management Company / Real Estate Agency
    • Centerpoint Counseling Hurley / Counselor
    • Eagle River Homes Realty Group, Partners Real Estate / Real Estate Agency
    • Edward Jones - Financial Advisor: Gavin W Rueb / Financial Consultant / Finance Broker

    Property Details for 11940 Business Blvd

    Year built
    1984
    Lot size
    0.45 lot acres
    Property size
    11,665 SF
    Zone code
    CE B3
    Property type
    Office buildings
    APN
    050-111-59-000
    APU
    5011159000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $690,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $605,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $535,000
      Mixed-Use
      $480,000
      Hospitality
      $505,000
      Educational
      $620,000
      Residential Income
      $480,000
      Energy
      $510,000
      Income-Based Land
      $490,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Eagle River
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.573
    Latitude
    61.3287
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,727
    $278,400
    $606,100
    $884,500
    -
    $278,400
    $606,100
    $884,500

    Comparable in this City

    • Value Estimation by Request
      46,559 SF

      10928 Eagle Riv Rd

      OFFICE BUILDING (MULTI-STORY) • 46,559 SF
      10928 Eagle Riv Rd, Eagle River, AK 99577-8078
      View Details
    • Value Estimation by Request
      3,552 SF

      18205 Fish Hatchery Rd

      OFFICE BUILDING (MULTI-STORY) • 3,552 SF
      18205 Fish Hatchery Rd, Eagle River, AK 99577
      View Details
    • Value Estimation by Request
      3,199 SF

      11700 Old Glenn Hwy

      OFFICE BUILDING (MULTI-STORY) • 3,199 SF
      11700 Old Glenn Hwy, Eagle River, AK 99577-7732
      View Details
    • Value Estimation
      $330,000
      2,004 SF

      11411 Old Glenn Hwy

      OFFICE BUILDING (MULTI-STORY) • 2,004 SF
      11411 Old Glenn Hwy, Eagle River, AK 99577-7729
      View Details
    • Value Estimation by Request
      17,688 SF

      11471 Business Blvd

      OFFICE BUILDING (MULTI-STORY) • 17,688 SF
      11471 Business Blvd, Eagle River, AK 99577-0059
      View Details
    • Value Estimation by Request
      5,652 SF

      13036 Old Glenn Hwy

      OFFICE BUILDING (MULTI-STORY) • 5,652 SF
      13036 Old Glenn Hwy, Eagle River, AK 99577-7566
      View Details

    Similar Nearby for Sale

    • $190,000
      0.25 Acres

      Land with Potential Views

      Eagle River lot with city utilities and potential views.
      L8 Koso Dr, Eagle River, AK 99577
      View Details
    • $195,000
      0.33 Acres

      Eagle River Land with Views

      Residential land with city utilities and view potential.
      L15 Koso, Eagle River, AK 99577
      View Details
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    11940 Business Blvd
    Eagle River, AK 99577-7742
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    Realmo Value Estimation

    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.

    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.

    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
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