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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
840 Colony Way Palmer, AK 99645-6982
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US02-0072145
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
18,622 SF
Lot
0.53 ac (23,087 SF)
Zoning code
12
APN
5023B01L001-1
UPID
US02-0072145
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
-
Peak Apparel Clothing Store
-
Valley General Construction Construction Company General Contractor
-
Valley Vitality Wellness Alternative Medicine Practice
-
Emmy & Lou Designs Department Store
-
The Peak Outpost (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$785k
Blend (final)
Blend
$610k
Owner & transaction history
Mat Valley Properties LLC · 12 yrs held
Mat Valley Properties LLC
since 2014
5 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
Method
Estimation
Statistic approach
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$33 / 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
$10,916
Tax year 2023
Assessed value
$957,900
Assessed 2023
Previous assessed
$873,000
+9.7% YoY
Effective rate
1.14%
On assessed value
Assessed land
$160,100
Assessed improvement
$797,800
Land market value
$160,100
Improvement market value
$797,800
Total market value
$957,900
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
Total area
18,622 SF
Lot
0.53 ac (23,087 SF)
Zoning code
12
APN
5023B01L001-1
UPID
US02-0072145
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
0.53 ac
Current owner
From public records · entity-resolved
Mat Valley Properties LLC
Entity
Mailing address
PO BOX 2527, PALMER, AK 99645-2527
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2017
—
Mat Valley Properties LLC
—
Deed
related
$875,000 · Matanuska Vly FCU
May 5, 2014
—
Mat Valley Properties LLC
Stryken,richard L & Colleen
Quit Claim Deed
related
$500,000 · Matanuska Vly FCU
Aug 23, 2013
—
Richard L Stryken
Bolshio Misha INC
Quit Claim Deed
related
—
Nov 6, 2012
—
Bolshio Misha INC
Mat Valley Properties LLC
Quit Claim Deed
related
—
—
—
Mat Valley Properties LLC
—
Deed Of Trust
related
$875,000 · Matanuska Vly 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.
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