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    Property profile & analytics

    240 Qigalik Ave Point Lay, AK 99759

    • Hotels
    • 2,688 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US02-0129844
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 240 Qigalik Ave

    Year built
    2018
    Lot size
    0.77 lot acres
    Property size
    2,688 SF
    Property type
    Hotels
    APN
    R-012-231-16
    APU
    R01223116

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Point Lay
    County
    North Slope
    State
    Alaska
    Longitude
    -163.006
    Latitude
    69.7417

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $50,600
    $540,200
    $590,800
    -
    $50,600
    $540,200
    $590,800

    Comparable in this City

    • Value Estimation
      $335,000
      575 SF

      101 Tuttunniagvik St

      RADIO OR TV STATION • 575 SF
      101 Tuttunniagvik St, Point Lay, AK 99759
      View Details
    • Value Estimation
      $360,000
      3,920 SF

      105 Tuttunniagvik St

      MINI-WAREHOUSE, STORAGE • 3,920 SF
      105 Tuttunniagvik St, Point Lay, AK 99759
      View Details
    • Value Estimation by Request
      9,180 SF

      121 Tuttunniagvik St

      MINI-WAREHOUSE, STORAGE • 9,180 SF
      121 Tuttunniagvik St, Point Lay, AK 99759
      View Details
    • Value Estimation by Request
      34,430 SF

      1029 Qasigialik St

      OFFICE/RESIDENTIAL (MIXED USE) • 34,430 SF
      1029 Qasigialik St, Point Lay, AK 99759
      View Details
    • Value Estimation
      $330,000
      4,034 SF

      210 Qigalik Ave

      DENTAL BUILDING • 4,034 SF
      210 Qigalik Ave, Point Lay, AK 99759
      View Details
    • Value Estimation by Request
      468 SF

      41 Tuttunniagvik St

      GAS STATION • 468 SF
      41 Tuttunniagvik St, Point Lay, AK 99759
      View Details
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    240 Qigalik Ave
    Point Lay, AK 99759
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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