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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Industrial properties
2485 Zak Cir Wasilla, AK 99654-7384
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US02-0075078
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
2015
Total area
6,560 SF
Lot
8.43 ac (367,211 SF)
Zoning code
6
APN
17N-01W-12-B012
UPID
US02-0075078
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
-
Tutka LLC Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$645k
Owner & transaction history
Tutka LLC · 13 yrs held
Tutka LLC
since 2012
4 recorded transactions
Zoning & alternative use
6 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$905,000
+85.6%
Commercial (general)
$675,000
+38.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$485,000
Current use
RETAIL STORES
$905,000
Change: +86% · Conversion: Moderate
COMMERCIAL (GENERAL)
$675,000
Change: +39% · Conversion: Difficult
RESTAURANT
$415,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$98 / 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
$21,470
Tax year 2023
Assessed value
$1,706,300
Assessed 2023
Previous assessed
$1,603,200
+6.4% YoY
Effective rate
1.26%
On assessed value
Assessed land
$126,500
Assessed improvement
$1,579,800
Land market value
$126,500
Improvement market value
$1,579,800
Total market value
$1,706,300
Applied tax rate
6.0000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
2015
Heating
NONE
Total area
6,560 SF
Lot
8.43 ac (367,211 SF)
Zoning code
6
APN
17N-01W-12-B012
UPID
US02-0075078
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
6 · Wasilla, AK
Zoning 6 · permitted uses
6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$485,000
RETAIL STORES
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RESTAURANT
Est. value
$415,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
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
2015
Heating
NONE
Lot
8.43 ac
Current owner
From public records · entity-resolved
Tutka LLC
Entity
Mailing address
2485 E ZAK CIR STE A, WASILLA, AK 99654-7384
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Dec 22, 2020
—
Ak Frontier Rentals LLC
—
Deed
related
$250,000 · First National Bank Alaska
Apr 6, 2015
—
Ak Frontier Rentals LLC
—
Trustees Deed
related
$990,000 · First Nat'l Bk/ak
May 24, 2013
—
Ak Frontier Rentals LLC
—
Trustees Deed
related
$640,000 · First National Bank Alaska
Nov 6, 2012
—
Tutka LLC
Schwochert,john E
Warranty Deed
$240,000 · First National Bank Alaska
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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