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Property profile & analytics
OFF-MARKET
Retail space
742 Alaska St Palmer, AK 99645-6356
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US02-0049965
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Lot
0.14 ac (6,098 SF)
Zoning code
12
APN
5001B13L006
UPID
US02-0049965
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
-
Century 21 Realty Solutions - Palmer Branch Real Estate Agency
-
MSB Long Range Transportation Plan Freight Service Logistics Company
-
HDR Engineer
-
DownTown Palmer Alaska Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jeffrey Johnson · 14 yrs held
Jeffrey Johnson
since 2012
4 recorded transactions
Zoning & alternative use
12 · Palmer, AK
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,441
Tax year 2024
Assessed value
$633,400
Assessed 2024
Previous assessed
$639,500
-1.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$48,200
Assessed improvement
$585,200
Land market value
$48,200
Improvement market value
$585,200
Total market value
$633,400
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Heating
NONE
Lot
0.14 ac (6,098 SF)
Zoning code
12
APN
5001B13L006
UPID
US02-0049965
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.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jeffrey Johnson
Individual
Mailing address
PO BOX 2527, PALMER, AK 99645-2527
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
—
Jeffery Johnson
—
Deed
related
$750,000 · Matanuska Valley FCU
Jun 29, 2012
—
Jeffrey Johnson
Jeffrey Johnson
Intrafamily Transfer
related
$600,000 · Matanuska Valley FCU
Aug 1, 2005
—
Jeffrey Johnson
Square One Enterprises INC
Warranty Deed
$100,000
—
—
Jeffrey Johnson
—
Deed Of Trust
related
$280,082 · Johnson Leroy Trust (tr)
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
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