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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial real estate
714 Gaffney Rd Fairbanks, AK 99701-4610
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US02-0281660
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Construction
WOOD
Total area
5,869 SF
Lot
0.54 ac (23,660 SF)
APN
87769
UPID
US02-0281660
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
-
Yukon Title Company, Inc. Title Company
-
Stewart Title of Fairbanks Title Company Escrow Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$589k
Blend (final)
Blend
$620k
Owner & transaction history
Charles Mendeke · 2 yrs held
Charles Mendeke
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fairbanks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairbanks 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%
$710,000
6.5%
$655,000
7%
$610,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$106 / 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
Assessed value
$733,813
Assessed 2024
Previous assessed
$734,852
-0.1% YoY
Assessed land
$141,960
Assessed improvement
$591,853
Land market value
$141,960
Improvement market value
$591,853
Total market value
$733,813
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Construction
WOOD
Cooling
YES
Stories
1
Total area
5,869 SF
Lot
0.54 ac (23,660 SF)
APN
87769
UPID
US02-0281660
Jurisdiction
FAIRBANKS NORTH STAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Charles Mendeke
Individual
Mailing address
714 NAUTILUS DR, FAIRBANKS, AK 99712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Charles Mendeke
Michael Bass
Warranty Deed
$197,200 · New American Funding
Feb 29, 2024
—
James Hyatt Orren
Roger A Prince
Warranty Deed
$470,250 · Global Cu
Apr 21, 2022
—
Pavel Kulikovskiy
—
Deed
related
$200,000 · Janell Y Gilbertson
Apr 20, 2022
—
Samuel Hahka
—
Deed
related
$15,120 · Thomas Felix Krause
Feb 16, 2022
—
Edward Nichols
Greg Wadeson
Warranty Deed
$57,000 · Greg Wadeson Etux
Jan 11, 2022
—
Thomas W Mclean
Kathleen A Sorensen
Warranty Deed
$127,000 · Kathleen Sorensen
Jun 2, 2021
—
Magum Group LLC
—
Deed
related
$600,000 · Denali State Bank
Feb 19, 2021
—
Jenifer Lynn Juette
Richard J Possenti
Warranty Deed
$267,800 · Alaska USA Mortgage Co LLC
Jun 22, 2020
—
Luke J Balash
—
Deed
related
$202,000 · Alaska USA Mortgage Co LLC
Mar 25, 2020
—
Beverly R Floerchinger
—
Deed
related
$400,000 · Mount Mckinley Bank
Nov 7, 2016
—
Roger L Floerchinger
—
Deed
related
$330,000 · Northrim Bank
Mar 16, 2007
—
Slayden Plumbing & Heating INC
Nine Mile Mini Storgae LLC
Warranty Deed
$320,000 · Key Bank NA
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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