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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Industrial properties
720 Shoreline Dr, Wasilla, AK 99654-6670
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US02-0139961
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Total area
9,568 SF
Lot
1 ac (43,560 SF)
Zoning code
7
APN
3993B01L002
UPID
US02-0139961
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
-
Ride 907 Powersports Factory Industrial Manufacturer
-
Arctic Fiberglass, LLC Factory Production Facility
-
DC 907 Diesels Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$438k
Blend (final)
Blend
$690k
Owner & transaction history
Daniel A Chase · 5 yrs held
Daniel A Chase
since 2020
Last sale
$662,500
7 recorded transactions
Zoning & alternative use
7 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$985,000
+38.9%
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
$805,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$820,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$710,000
Current use
COMMERCIAL (GENERAL)
$985,000
Change: +39% · Conversion: Difficult
RESTAURANT
$605,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $663k (Jul 9 2020)
Last sale anchor
$663k
Jul 9 2020
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
$72 / 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
$8,667
Tax year 2023
Assessed value
$717,300
Assessed 2023
Previous assessed
$677,300
+5.9% YoY
Effective rate
1.21%
On assessed value
Assessed land
$81,500
Assessed improvement
$635,800
Land market value
$81,500
Improvement market value
$635,800
Total market value
$717,300
Applied tax rate
7.0000
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Heating
NONE
Total area
9,568 SF
Lot
1 ac (43,560 SF)
Zoning code
7
APN
3993B01L002
UPID
US02-0139961
Jurisdiction
MATANUSKA-SUSITNA
Zoning & alternative use
7 · Wasilla, AK
Zoning 7 · permitted uses
7 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$985,000
RESTAURANT
Est. value
$605,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1996
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Daniel A Chase
Individual
Mailing address
PO BOX 872803, WASILLA, AK 99687-2803
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2020
—
Daniel A Chase
—
Deed
related
$271,234 · First Nat'l Bk Alaska
Aug 5, 2020
—
Daniel A Chase
—
Deed
related
$282,000 · Evergreen Busn Cap
Jul 9, 2020
—
Daniel A Chase
Zumbrunnen Investments LLC
Warranty Deed
$610,277 · First National Bank Alaska
Jun 20, 2019
—
Zumbrunnen Investments LLC
—
Deed
related
$170,000 · Larry & Sue Mcmurphy
Sep 29, 2011
—
Zumbrunnen Investments LLC
Ruth A Hilty
Warranty Deed
$450,000 · First National Bank Alaska
May 8, 2006
—
L & R Investments LLC
Hilty,leland D SR & Ruth A
Quit Claim Deed
related
—
—
—
Zumbrunnen Investments LLC
—
Deed Of Trust
related
$170,000 · Larry & Sue Mcmurphy
—
—
Daniel A Chase
—
Loan Modification
related
$271,234 · First Nat'l Bk Alaska
—
—
Daniel A Chase
—
Deed Of Trust
related
$282,000 · Evergreen Busn Cap
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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