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Property profile & analytics
FOR LEASE
Medical Office Space
17101 Snowmobile Ln Eagle River, AK 99577
Entity Owned
17-yr Hold
Free & Clear
Property ID
US02-0204424
No photos on file
For Lease
$2,450,000
17101 Snowmobile Ln, Eagle River, AK 99577
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
20,538 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CEB3SL
APN
051-362-09-000
UPID
US02-0204424
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
-
Alaska Dental Group PC: Wayland Ryan C DDS Dental Office
-
Alpenglow Dental Group LLC Dental Office
-
McLean Mark J DDS Dental Office
-
Sneesby Todd DDS Dental Office
-
Providence Imaging Center - Eagle River Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$2.45M
Owner & transaction history
Legacy LLC · 17 yrs held
Legacy LLC
since 2008
4 recorded transactions
Zoning & alternative use
CEB3SL · Eagle River, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+84.0%
Restaurant
$2.0M
+32.7%
Office building
$1.9M
+23.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,510,000
Current use
COMMERCIAL (GENERAL)
$2,775,000
Change: +84% · Conversion: Easy
RESTAURANT
$2,005,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,855,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,740,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,590,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,545,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±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
$119 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$85,003
Tax year 2023
Assessed value
$5,674,400
Assessed 2023
Previous assessed
$5,674,400
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$1,647,100
Assessed improvement
$4,027,300
Land market value
$1,647,100
Improvement market value
$4,027,300
Total market value
$5,674,400
Applied tax rate
22.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
20,538 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CEB3SL
APN
051-362-09-000
UPID
US02-0204424
Jurisdiction
ANCHORAGE
Zoning & alternative use
CEB3SL · Eagle River, AKZoning CEB3SL · permitted uses
CEB3SL · Eagle River, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Legacy LLC
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 196604, ANCHORAGE, AK 99519-6604
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Eaglemed Holdings LLC
—
Deed
related
$3,000,000 · First National Bank Alaska
Aug 22, 2008
—
Legacy LLC
Providence Alaska Medical Cent
Warranty Deed
related
—
Jan 11, 2007
—
Providence Alaska Medical Cent
Polaris North LLC
Warranty Deed
related
—
Jul 12, 2001
—
Polaris North LLC
Eklutna INC
Grant Deed
$322,400 · Wells Fargo Bank Alaska 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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