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    Property profile & analytics

    3655 Old Glenn Hwy Palmer, AK 99645-8525

    • Turn key restaurants
    • 3,074 SF
    • 4.44 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Feb 09, 2024
    Location Intelligence
    Property ID
    US02-0041194
    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

    • Arctic Horse / Women'S Clothing Store
    • The Green Store / Store
    • The Green Store Gas Station / Service Establishment / Home Help

    Property Details for 3655 Old Glenn Hwy

    Year built
    1965
    Lot size
    4.44 lot acres
    Property size
    3,074 SF
    Zone code
    1
    Property type
    Turn key restaurants
    APN
    2204000L001
    APU
    2204000L001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Matanuska-susitna
    State
    Alaska
    Longitude
    -149.035
    Latitude
    61.54
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    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
    $2,287
    $55,500
    $100,500
    $156,000
    -
    $55,500
    $100,500
    $156,000

    Comparable in this City

    • Value Estimation by Request
      0.87 Acres

      401 Evergreen Ave

      RESTAURANT • 0.87 Acres
      401 Evergreen Ave, Palmer, AK 99645-6956
      View Details
    • Value Estimation by Request
      0.92 Acres

      3553 Glenn Hwy

      RESTAURANT • 0.92 Acres
      3553 Glenn Hwy, Palmer, AK 99645
      View Details
    • Value Estimation
      $220,000
      1,170 SF

      927 Cobb St

      RESTAURANT • 1,170 SF
      927 Cobb St, Palmer, AK 99645-6915
      View Details
    • Value Estimation
      $260,000
      0.12 Acres

      132 Evergreen Ave

      RESTAURANT • 0.12 Acres
      132 Evergreen Ave, Palmer, AK 99645-6949
      View Details
    • Value Estimation
      $365,000
      4,604 SF

      1891 Margaret Dr

      RESTAURANT • 4,604 SF
      1891 Margaret Dr, Palmer, AK 99645
      View Details
    • Value Estimation by Request
      0.90 Acres

      600 Daron Dr

      RESTAURANT • 0.90 Acres
      600 Daron Dr, Palmer, AK 99645-6523
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,932 SF

      Alaska Supermarket Investment Opportunity

      High-volume grocery store with gas station
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      View Details
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      One-acre forested lot near Canoe Lake, suitable for gardening.
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    • $2,500,000
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      58 Acres Cleared Land, Palmer

      58 acres of cleared land with mountain views near Palmer.
      4450 N Glenn Hwy, Palmer, AK 99645
      View Details
    • $87,000
      0.69 Acres

      Residential Land in Palmer, Alaska

      Residential land with utilities hookups, close to city amenities.
      785 W Montana Dr, Palmer, AK 99645
      View Details
    • $110,000
      1.00 Acre

      Forested Lot Near Canoe Lake

      One-acre forested lot suitable for gardening or mini-farm.
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      View Details
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    Palmer, AK 99645-8525
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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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