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    Property profile & analytics

    Homer, AK 99603

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US02-0334032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Jewelry Store / Gift Shop
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Clothing Store / Corporate Campus
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details

    Property type
    Commercial real estate
    APN
    179-402-28LH10
    APU
    17940228LH10

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Kenai Peninsula
    State
    Alaska
    Longitude
    -151.493
    Latitude
    59.643

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $162
    $1,500
    $13,300
    $14,800
    -
    $1,500
    $13,300
    $14,800

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      Homer, AK 99603

      COMMERCIAL (GENERAL) • 0.24 Acres
      Homer, AK 99603
      View Details
    • Value Estimation by Request

      Homer, AK 99603

      COMMERCIAL (GENERAL)
      Homer, AK 99603
      View Details
    • Value Estimation by Request
      0.24 Acres

      1435 Lakeshore Dr

      COMMERCIAL (GENERAL) • 0.24 Acres
      1435 Lakeshore Dr, Homer, AK 99603-7945
      View Details
    • Value Estimation by Request
      19,424 SF

      4786 Homer Spit Rd

      COMMERCIAL (GENERAL) • 19,424 SF
      4786 Homer Spit Rd, Homer, AK 99603-8001
      View Details
    • Value Estimation by Request
      1,324 SF

      4470 Homer Spit Rd

      COMMERCIAL (GENERAL) • 1,324 SF
      4470 Homer Spit Rd, Homer, AK 99603-8003
      View Details
    • Value Estimation by Request
      6,236 SF

      135 Sterling Hwy

      COMMERCIAL (GENERAL) • 6,236 SF
      135 Sterling Hwy, Homer, AK 99603-7830
      View Details

    Similar Nearby for Sale

    • $139,000
      2.00 Acres

      40285 Sterling Highway

      Land • 2.00 Acres
      40285 Sterling Hwy, Homer, AK 99603
      View Details
    • $4,000,000
      10,800 SF

      000 sf of space and the second story has 1800-2000 sf of space. The second story is not yet completed. The partially completed 2nd story has a master suite

      2 guest bedrooms
      3695 Lake St, Homer, AK 99603
      View Details
    • $275,000
      752 SF

      Homer Boatyard Cafe - Turnkey Business

      Iconic Homer restaurant, established business, turnkey operation.
      5075 Kachemak Dr, Homer, AK 99603
      View Details
    • $850,000
      1,650 SF

      3714 Greatland St, Homer, AK 99603

      Commercial real estate • 1,650 SF
      3714 Greatland St, Homer, AK 99603
      View Details
    • $1,400,000
      4,800 SF

      Homer, AK Commercial Shop - $1.4M

      Spacious 3-Bay Shop, prime Kachemak City location.
      3201 Little Fireweed Ln, Homer, AK 99603
      View Details
    • $1,950,000
      2,930 SF

      making it a prime destination for food enthusiasts and nature lovers alike. \n\nThe Restaurant:\nCaptain Patties Fish House has been one of Homer's most popular and loved restaurants for over two decades

      delighting diners with its fresh seafood
      4241 Homer Spit Rd, Homer, AK 99603
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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