Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Medical Office Space
4505 Greenstreet Cir Wasilla, AK 99654-8425
Entity Owned
8-yr Hold
Free & Clear
Property ID
US02-0349673
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
11,588 SF
Lot
1.76 ac (76,666 SF)
Zoning code
6
APN
7763000L008A
UPID
US02-0349673
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
-
Wolf Eye Center, Inc. Medical Clinic Ophthalmologist
-
Evan Wolf, MD PhD Ophthalmologist
-
Dr. Jessica Thornton Physician
-
Austin Anderson Physician
-
Dr. Lauren Evans Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$967k
Blend (final)
Blend
$965k
Owner & transaction history
Lobosak LLC · 8 yrs held
Lobosak LLC
since 2018
3 recorded transactions
Zoning & alternative use
6 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ordinance 25 14 AM
Top alternative use upside
Retail stores
$1.6M
+178.2%
Commercial (general)
$1.2M
+108.3%
Industrial (general)
$860,000
+50.0%
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
$1,595,000
Change: +178% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,195,000
Change: +108% · Conversion: Easy
INDUSTRIAL (GENERAL)
$860,000
Change: +50% · Conversion: Difficult
RESTAURANT
$735,000
Change: +28% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$83 / 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
$51,613
Tax year 2023
Assessed value
$4,101,800
Assessed 2023
Previous assessed
$3,908,900
+4.9% YoY
Effective rate
1.26%
On assessed value
Assessed land
$214,500
Assessed improvement
$3,887,300
Land market value
$214,500
Improvement market value
$3,887,300
Total market value
$4,101,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Heating
NONE
Total area
11,588 SF
Lot
1.76 ac (76,666 SF)
Zoning code
6
APN
7763000L008A
UPID
US02-0349673
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
6 · Wasilla, AKZoning 6 · permitted uses
6 · Wasilla, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance 25 14 AM
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$860,000
RESTAURANT
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$630,000
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
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
2009
Heating
NONE
Lot
1.76 ac
Current owner
From public records · entity-resolved
Lobosak LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4505 E GREENSTREET CIR, WASILLA, AK 99654-8425
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2019
—
Lobosak LLC
—
Trustees Deed
related
$3,000,000 · Wells Fargo Bk
Jun 15, 2018
—
Lobosak LLC
State Of Alaska Dept Of Transp
Quit Claim Deed
related
—
Nov 17, 2010
—
Lobosak LLC
—
Loan Modification
related
$1,784,000 · Wells Fargo Bk
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 4505 Greenstreet Cir?
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.
