Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
800 Glacier Ave Juneau, AK 99801-1855
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US02-0239670
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
10,017 SF
Lot
0.43 ac (18,944 SF)
Zoning code
LC
APN
1C060U040040
UPID
US02-0239670
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
-
Travel Juneau Travel Agency Tour Operator
-
Gold Creek Professional Building Business Service Center Corporate Office
-
Alaska Vision Center Physician
-
Matheson Jill G OD Physician
-
Southeast Alaska Tourism Council Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$725k
Owner & transaction history
Caelum Ak LLC · 9 yrs held
Caelum Ak LLC
since 2016
1 recorded transaction
Zoning & alternative use
LC · Juneau, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
inistrative Code of Regulations cross reference- Mix use development, Part IV, § 04 CBJAC 035.010 . 49.25.230 - Commercial districts. The following districts are established to accommodate commercial activities: (a) The LC, light commercial district, is intended to accommodate commercial development that is less intensive than that permitted in the general c…
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
289.64 ac
Source
code of ordinances
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 Juneau submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Juneau 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,165,000
Current use
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$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
$15,798
Tax year 2023
Assessed value
$1,554,960
Assessed 2023
Previous assessed
$1,554,960
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$873,050
Assessed improvement
$681,910
Land market value
$873,050
Improvement market value
$681,910
Total market value
$1,554,960
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Heating
NONE
Total area
10,017 SF
Lot
0.43 ac (18,944 SF)
Zoning code
LC
APN
1C060U040040
UPID
US02-0239670
Jurisdiction
JUNEAU
Zoning & alternative use
LC · Juneau, AKZoning LC · permitted uses
LC · Juneau, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
inistrative Code of Regulations cross reference- Mix use development, Part IV, § 04 CBJAC 035.010 . 49.25.230 - Commercial districts. The following districts are established to accommodate commercial activities: (a) The LC, light commercial district, is intended to accommodate commercial development that is less intensive than that permitted in the general commercial district. Light commercial districts are primarily located adjacent to e
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
289.64 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
OFFICE BUILDING Current
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
1976
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Caelum Ak LLC
Entity
Mailing address
PO BOX 35592, JUNEAU, AK 99803-5592
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2016
—
Caelum Ak LLC
Forrest Reetz LLC
Warranty Deed
$850,000 · True North 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 800 Glacier Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
