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Property profile & analytics
OFF-MARKET
Retail space
12108 Business Blvd, Eagle River, AK 99577-7725
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US02-0360014
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1999
Construction
WOOD FRAME
Total area
6,000 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CE B3
APN
050-101-33-000
UPID
US02-0360014
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
-
Arctic Iron Gym & Fitness Center
-
Arctic Iron LLC Gym & Fitness Center
-
Speedy Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
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
Eagle River Buildings LLC · 18 yrs held
Eagle River Buildings LLC
since 2008
7 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
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
$13,848
Tax year 2023
Assessed value
$831,700
Assessed 2023
Previous assessed
$831,700
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$625,700
Assessed improvement
$206,000
Land market value
$625,700
Improvement market value
$206,000
Total market value
$831,700
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1999
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
6,000 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CE B3
APN
050-101-33-000
UPID
US02-0360014
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
1999
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Eagle River Buildings LLC
Entity
Mailing address
333 W 7TH AVE STE #300, ANCHORAGE, AK 99501-3572
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
Eagle River Buildings LLC
—
Deed
related
$1,081,139 · Northrim Bank
Apr 24, 2018
—
Eagle River Buildings LLC
—
Grant Deed
related
$1,770,000 · First Nat'l Bk/ak
Jun 16, 2008
—
Eagle River Buildings LLC
Security Natl Props Funding I
Warranty Deed
related
—
Oct 27, 2006
—
Natl Props Funding I Security
—
Deed Of Trust
related
$250,000,000 · Bank Of America
Jun 24, 2005
—
Natl Props Funding I Security
Security Natl Props Funding L
Quit Claim Deed
related
$44,500,000 · Bank Of America
Feb 13, 2004
—
Security Natl Properties Fund
Security Natl Properties LP
Quit Claim Deed
related
$100,000,000 · Fleet National Bank Ttee
Jul 29, 1999
—
Jim C Sullivan
Anchorage
Grant Deed
related
—
Jan 5, 1999
—
Diane M Augustauskas
Denise,l Cahill
Grant Deed
$600,000 · Northrim Bank
—
—
Security National Properties
—
Deed Of Trust
related
$600,000 · Northrim Bank
—
—
Security National Properties
—
Deed Of Trust
related
$900,000 · Alaska Seaboard Partners LP
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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