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Property profile & analytics
OFF-MARKET
Commercial real estate
1227 Ml Bay Rd Kodiak, AK 99615-6409
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US02-0310302
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
1,368 SF
Lot
0.07 ac (3,049 SF)
Zoning code
BUSINESS
APN
R1060010090
UPID
US02-0310302
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
Douglas A Campbell · 7 yrs held
Douglas A Campbell
since 2018
4 recorded transactions
Zoning & alternative use
BUSINESS · Kodiak, 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 Kodiak submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kodiak 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
$2,316
Tax year 2023
Assessed value
$189,100
Assessed 2023
Previous assessed
$180,700
+4.6% YoY
Effective rate
1.22%
On assessed value
Assessed land
$31,300
Assessed improvement
$157,800
Land market value
$31,300
Improvement market value
$157,800
Total market value
$189,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Total area
1,368 SF
Lot
0.07 ac (3,049 SF)
Zoning code
BUSINESS
APN
R1060010090
UPID
US02-0310302
Jurisdiction
KODIAK ISLAND
Zoning & alternative use
BUSINESS · Kodiak, AK
Zoning BUSINESS · permitted uses
BUSINESS · Kodiak, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kodiak. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Lot
0.07 ac
Current owner
From public records · entity-resolved
Douglas A Campbell
Individual
Mailing address
1325 W ISMAILOV ST, KODIAK, AK 99615-6564
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
—
Axio Property Holdings LLC
—
Deed
related
$281,250 · Northrim Bank
Dec 13, 2018
—
Douglas A Campbell
Daniel L Seaton
Warranty Deed
$138,750 · Wells Fargo Bank NA
Aug 26, 2011
—
Daniel L Seaton
Grant S Shields
Warranty Deed
—
Sep 22, 2005
—
Stephen Shields Grant
Grant Shields
Intrafamily Transfer
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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