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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Retail properties & Spaces
224 Yenlo St Wasilla, AK 99654-7195
Entity Owned
3-yr Hold
Free & Clear
Property ID
US02-0357215
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1981
Lot
0.67 ac (29,185 SF)
Zoning code
35
APN
2523B01L001A
UPID
US02-0357215
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
-
Integra Insurance Services Insurance Agency
-
MyBarberShop Barber Shop
-
Royal Spa Alternative Medicine Practice Spa & Massage Center
-
Subway Take-out & Catering
-
Alaskan Sweet Vapes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Subs Propeties LLC · 3 yrs held
Subs Propeties LLC
since 2022
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
35 · Wasilla, 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 Wasilla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wasilla 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
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Aug 5 2022)
Last sale anchor
$1.30M
Aug 5 2022
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
—
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
$7,485
Tax year 2023
Assessed value
$727,000
Assessed 2023
Previous assessed
$723,400
+0.5% YoY
Effective rate
1.03%
On assessed value
Assessed land
$231,200
Assessed improvement
$495,800
Land market value
$231,200
Improvement market value
$495,800
Total market value
$727,000
Applied tax rate
35.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1981
Heating
NONE
Lot
0.67 ac (29,185 SF)
Zoning code
35
APN
2523B01L001A
UPID
US02-0357215
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
35 · Wasilla, AK
Zoning 35 · permitted uses
35 · Wasilla, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wasilla. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Lot
0.67 ac
Current owner
From public records · entity-resolved
Subs Propeties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 873881, WASILLA, AK 99687-3881
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
Subs Properties LLC
—
Deed
related
$500,000 · First National Bank Alaska
Aug 5, 2022
—
Subs Propeties LLC
Parks Plaza LLC
Warranty Deed
—
Feb 17, 2017
—
Parks Plaza LLC
Kwon,thomas O & Bok H
Warranty Deed
$840,000 · Wells Fargo Bk
Sep 7, 2016
—
Thomas O Kwon
—
Deed
related
$150,000 · Gaetano T & Kim Ramondetta
May 14, 2008
—
Thomas Ojin Kwon
Mat Su Investment Group LLC
Special Warranty Deed
$693,704 · Pacific International Bank
—
—
Thomas O Kwon
—
Deed Of Trust
related
$150,000 · Gaetano T & Kim Ramondetta
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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