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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Medical Office Space
8505 Old Dairy Rd Juneau, AK 99801-8042
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US02-0155996
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Lot
0.45 ac (19,402 SF)
Zoning code
GC
APN
5B1501010080
UPID
US02-0155996
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
-
Perez Norvin MD Physician
-
Michael R. Cole, PA Physician
-
Matera Greg MD Physician
-
Glacier Valley Shoppe (Bike/Boat/Book/etc) Store
-
Brewster Janna Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Juneau Rental Space LLC · 20 yrs held
Juneau Rental Space LLC
since 2006
1 recorded transaction
Zoning & alternative use
GC · Juneau, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
A lower level of intensity of development is also achieved by stringent height and setback restrictions. Residential development is allowed in mixed- and single-use developments in the light commercial district. (b) The GC, general commercial district, is intended to accommodate most commercial uses. Commercial activities are permitted outright in the zone e…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
305.36 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
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±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
—
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
$9,677
Tax year 2023
Assessed value
$952,428
Assessed 2023
Previous assessed
$952,428
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$440,480
Assessed improvement
$511,948
Land market value
$440,480
Improvement market value
$511,948
Total market value
$952,428
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Lot
0.45 ac (19,402 SF)
Zoning code
GC
APN
5B1501010080
UPID
US02-0155996
Jurisdiction
JUNEAU
Zoning & alternative use
GC · Juneau, AKZoning GC · permitted uses
GC · Juneau, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
A lower level of intensity of development is also achieved by stringent height and setback restrictions. Residential development is allowed in mixed- and single-use developments in the light commercial district. (b) The GC, general commercial district, is intended to accommodate most commercial uses. Commercial activities are permitted outright in the zone except for those few uses that are listed as conditional uses to ensure compatibili
Zone name
General Commercial
General category
COMMERCIAL
Zone area
305.36 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
Juneau Rental Space LLC
Entity
Mailing address
8505 OLD DAIRY RD, JUNEAU, AK 99801-8042
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Jul 19, 2006
—
Juneau Rental Space LLC
Dairy Building LLC
Warranty Deed
$1,125,775 · First National Bank Alaska
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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