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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Warehouses
530 Steel Loop, Palmer, AK 99645-6688
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US02-0382021
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
10,248 SF
Lot
0.75 ac (32,670 SF)
Zoning code
12
APN
4422B02L004
UPID
US02-0382021
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
-
1023 Diesel & Fleet Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
1023 Diesel LLC · 4 yrs held
1023 Diesel LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
12 · Palmer, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+80.9%
Industrial (general)
$870,000
+16.0%
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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$750,000
Current use
RETAIL STORES
$1,355,000
Change: +81% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$870,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Sep 20 2021)
Last sale anchor
$1.15M
Sep 20 2021
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
$113 / 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
$10,716
Tax year 2023
Assessed value
$940,300
Assessed 2023
Previous assessed
$833,900
+12.8% YoY
Effective rate
1.14%
On assessed value
Assessed land
$79,700
Assessed improvement
$860,600
Land market value
$79,700
Improvement market value
$860,600
Total market value
$940,300
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Total area
10,248 SF
Lot
0.75 ac (32,670 SF)
Zoning code
12
APN
4422B02L004
UPID
US02-0382021
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
12 · Palmer, AK
Zoning 12 · permitted uses
12 · Palmer, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$750,000
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$870,000
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (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
2006
Heating
NONE
Lot
0.75 ac
Current owner
From public records · entity-resolved
1023 Diesel LLC
Entity
Mailing address
530 E STEEL LOOP, PALMER, AK 99645-6688
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2023
—
1023 Diesel LLC
—
Deed
related
$862,500 · First National Bank Alaska
Sep 20, 2021
—
1023 Diesel LLC
Loop Industries LLC
Warranty Deed
$862,500 · First National Bank Alaska
Oct 4, 2016
—
Loop Industries LLC
—
Deed
related
$250,000 · Alaska USA FCU
Feb 24, 2004
—
Vance Tolstrup
Lazy Mountain Ents LLC
Warranty Deed
$15,000 · Lazy Mountain Ents LLC
—
—
Loop Industries LLC
—
Deed Of Trust
related
$250,000 · Alaska USA FCU
—
—
Vance Tolstrup
—
Deed Of Trust
related
$100,000 · Alaska USA FCU
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.
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