Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Grocery and convenience stores
3950 Knik Goose Bay Rd Wasilla, AK 99623-5008
Entity Owned
5-yr Hold
Free & Clear
Property ID
US02-0240346
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Total area
51,858 SF
Lot
20.2 ac (879,912 SF)
Zoning code
30
APN
7101000T00A
UPID
US02-0240346
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
-
Three Bears Alaska Pharmacy
-
GreenDrop Charitable Organization
-
Donation Drop Spot Charitable Organization
-
Shell Gas Station
-
Matanuska Valley Federal Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.55M
Blend (final)
Blend
$5.05M
Owner & transaction history
Clarity Commercial LLC · 5 yrs held
Clarity Commercial LLC
since 2021
7 recorded transactions
Zoning & alternative use
30 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.4M
+45.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,755,000
Current use
COMMERCIAL (GENERAL)
$8,370,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±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
$97 / 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
$71,739
Tax year 2023
Assessed value
$5,568,500
Assessed 2023
Previous assessed
$5,067,100
+9.9% YoY
Effective rate
1.29%
On assessed value
Assessed land
$171,700
Assessed improvement
$5,396,800
Land market value
$171,700
Improvement market value
$5,396,800
Total market value
$5,568,500
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2011
Heating
NONE
Total area
51,858 SF
Lot
20.2 ac (879,912 SF)
Zoning code
30
APN
7101000T00A
UPID
US02-0240346
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
30 · Wasilla, AK
Zoning 30 · permitted uses
30 · 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
RETAIL STORES Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$8.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2011
Heating
NONE
Lot
20.2 ac
Current owner
From public records · entity-resolved
Clarity Commercial LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4158 HOOD CT, ANCHORAGE, AK 99517-1057
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Clarity Commercial LLC
—
Deed
related
$1,500,000 · First National Bank Alaska
Dec 11, 2024
—
Clarity Commercial LLC
—
Deed
related
$1,350,000 · First National Bank Alaska
May 10, 2021
—
Clarity Commercial LLC
Kd Commercial LLC
Quit Claim Deed
related
—
Dec 28, 2016
—
Kd Commercial LLC
C5 LLC
Warranty Deed
$3,500,000 · First Nat'l Bk/ak
Jan 22, 2013
—
David M Lang
Fendich,anatoly
Warranty Deed
$314,900 · Alaska USA Mtg
Dec 7, 2012
—
Russ L Dossat
Fendich,anatoly
Warranty Deed
$309,900 · Alaska USA Mtg
Nov 26, 2012
—
Nathan E Wilson
Fendich,anatoly
Warranty Deed
$375,000 · Alaska USA Mtg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3950 Knik Goose Bay Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
