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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Industrial properties
6799 Sitze Rd Wasilla, AK 99623-9078
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US02-0042976
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
2015
Total area
5,790 SF
Lot
1.97 ac (85,813 SF)
Zoning code
41
APN
2553000L001
UPID
US02-0042976
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
-
Northwest Barriers LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$570k
Owner & transaction history
Nwb LLC · 9 yrs held
Nwb LLC
since 2017
6 recorded transactions
Zoning & alternative use
41 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ordinance 25 14 AM
Top alternative use upside
Commercial (general)
$935,000
+115.1%
Retail stores
$640,000
+47.9%
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%
$580,000
6.5%
$535,000
7%
$495,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$435,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: +115% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +48% · Conversion: Moderate
RESTAURANT
$370,000
Change: -15% · Conversion: Difficult
WAREHOUSE, STORAGE
$350,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,386
Tax year 2024
Assessed value
$969,300
Assessed 2024
Previous assessed
$969,300
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$28,000
Assessed improvement
$941,300
Land market value
$28,000
Improvement market value
$941,300
Total market value
$969,300
Applied tax rate
41.0000
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
5,790 SF
Lot
1.97 ac (85,813 SF)
Zoning code
41
APN
2553000L001
UPID
US02-0042976
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
41 · Wasilla, AKZoning 41 · permitted uses
41 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RETAIL STORES
Est. value
$640,000
RESTAURANT
Est. value
$370,000
WAREHOUSE, STORAGE
Est. value
$350,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2015
Heating
NONE
Lot
1.97 ac
Current owner
From public records · entity-resolved
Nwb LLC
Entity
Mailing address
6799 N SITZE RD, WASILLA, AK 99623-9078
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
May 14, 2024
—
Nwb LLC
—
Deed
related
$225,000 · Michael Hubbs
Apr 5, 2017
—
Nwb LLC
Northwest Barriers LLC
Quit Claim Deed
related
$673,389 · Wells Fargo Bk
Sep 2, 2015
—
Northwest Barriers LLC
—
Trustees Deed
related
$680,000 · Wells Fargo Bk
Jun 20, 2013
—
Byron Hatt
—
Trustees Deed
related
$335,000 · First National Bank Alaska
Dec 18, 2009
—
Northwest Barriers LLC
Fitzgibbon,michael W
Warranty Deed
$18,000 · Michael W Fitzgibbon
Aug 22, 2007
—
Michael W Fitzgibbon
Matanuska-susitna Borough
Quit Claim Deed
related
—
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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