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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Retail space
8571 Old Seward Hwy Anchorage, AK 99515-2015
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US02-0063077
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1993
Total area
174,580 SF
Lot
14.56 ac (634,234 SF)
Zoning code
B3 GENERAL BUSINESS
APN
014-271-28-000
UPID
US02-0063077
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
-
Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
Michaels (Bike/Boat/Book/etc) Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.45M
Owner & transaction history
Hawkins Snow Lot LLC · 12 yrs held
Hawkins Snow Lot LLC
since 2013
7 recorded transactions
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, 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 Anchorage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anchorage 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.45M
Range $4.00M – $4.89M · ±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
$25 / 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
$301,589
Tax year 2023
Assessed value
$17,709,300
Assessed 2023
Previous assessed
$17,709,300
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$9,901,700
Assessed improvement
$7,807,600
Land market value
$9,901,700
Improvement market value
$7,807,600
Total market value
$17,709,300
Applied tax rate
3.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1993
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
174,580 SF
Lot
14.56 ac (634,234 SF)
Zoning code
B3 GENERAL BUSINESS
APN
014-271-28-000
UPID
US02-0063077
Jurisdiction
ANCHORAGE
Zoning & alternative use
B3 GENERAL BUSINESS · Anchorage, AKZoning B3 GENERAL BUSINESS · permitted uses
B3 GENERAL BUSINESS · Anchorage, AK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
YES
Cooling
Yes
Stories
1
Lot
14.56 ac
Current owner
From public records · entity-resolved
Hawkins Snow Lot LLC
Entity
Mailing address
855 W BROAD ST STE #300, BOISE, ID 83702-7154
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
—
Anc Hawkins LLC
—
Deed
related
$15,175,000 · Idaho Central Cu
Jan 5, 2018
—
Hawkins Snow Lot LLC
—
Deed
related
$1,500,000 · Us Bk
Oct 22, 2013
—
Hawkins Snow Lot LLC
Hawkins,gary R
Quit Claim Deed
related
—
Feb 19, 2010
—
Hawkins Companies LLC
—
Deed Of Trust
related
$1,500,000 · Us Bank NA
Nov 12, 2004
—
R G Hawkins
Hawkins Companies LLC
Quit Claim Deed
related
$17,000,000 · Artesia Mortgage Capital Corp
Aug 27, 2003
—
Hawkins Companies LLC
Kmart Corp
Quit Claim Deed
related
$12,700,000 · Wells Fargo Bank
—
—
Hawkins Companies LLC
—
Loan Modification
related
$3,330,000 · Us Bank NA
—
—
Hawkins Companies LLC
—
Loan Modification
related
$1,500,000 · Us Bank NA
—
—
Hawkins Companies LLC
—
Deed Of Trust
related
$3,330,000 · Us Bank NA
—
—
Anc Dimond LLC
—
Deed Of Trust
related
$11,300,000 · Miscellaneous Ins Co
—
—
Hawkins Snow Lot LLC
—
Loan Modification
related
$1,500,000 · Us Bk
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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