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Property profile & analytics
OFF-MARKET
Commercial real estate
1421 Ml Bay Rd Kodiak, AK 99615-7505
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US02-0331444
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
7,200 SF
Lot
0.31 ac (13,504 SF)
Zoning code
BUSINESS
APN
R1020010290
UPID
US02-0331444
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
-
Shaun Fredrick Salon Hair Salon Nail Salon
-
Bella Bronze Body Spa Alternative Medicine Practice Spa & Massage Center
-
Esthetic Arts Medical Clinic Skin Care Clinic
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
Island Holdings LLC · 4 yrs held
Island Holdings LLC
since 2021
2 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
$10,235
Tax year 2023
Assessed value
$835,500
Assessed 2023
Previous assessed
$744,300
+12.3% YoY
Effective rate
1.23%
On assessed value
Assessed land
$108,500
Assessed improvement
$727,000
Land market value
$108,500
Improvement market value
$727,000
Total market value
$835,500
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
1972
Total area
7,200 SF
Lot
0.31 ac (13,504 SF)
Zoning code
BUSINESS
APN
R1020010290
UPID
US02-0331444
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
1972
Lot
0.31 ac
Current owner
From public records · entity-resolved
Island Holdings LLC
Entity
Mailing address
236 W REZANOF DR, KODIAK, AK 99615-6044
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
—
Island Holdings LLC
Kodick Rental Co LLC
Quit Claim Deed
related
$600,000 · Northrim Bank
Sep 11, 2013
—
Kodiak Rental Co LLC
Julie Ann Debenham
Warranty Deed
$562,500 · Wells Fargo Bank NA
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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