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    16500 E Marilyn Dr Palmer, AK 99645

    For Sale
    $579,000

    Mixed Use - Palmer, AK

    Type:Mixed Use
    Property size:
    3,752 SF
    Lot size:
    1.00 Acre
    Days on Market:
    82
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 16500 E Marilyn Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    2883B01L003
    Size
    3,752 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    1984
    Building materials
    Frame
    Roof type
    Membrane
    Architectural style
    Other

    Valley Market Real Estate (907) 232-7900 [email protected]

    Listing agent Marty Van Diest (907) 745-8673

    Listing date Sep 24, 2025

    MLS# 25-3155 Listing URL

    Copyright © 2025 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Mixed-Use Building in Palmer

    This mixed-use property, located in Palmer, Alaska, offers 3,752 square feet of space on a 1-acre lot. The building is currently configured as a commercial space with living quarters, but it could be easily modified into a multi-family building. The property has been mostly remodeled and features new PEX plumbing. It includes two new forced air heating systems, one dedicated to the residential area and one for the commercial side. A loading dock with an overhead door is located at the back of the building, providing convenient access for deliveries and storage. The property also offers ample storage areas and two full bathrooms, with plumbing in place for a third. The building is currently used as a residence and a small store, presenting various possibilities for prospective owners, including renting out the commercial space or utilizing the entire building for residential purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alaska International Market Market

    Map

    City
    Palmer
    County
    Matanuska-Susitna
    State
    Alaska
    Longitude
    -149.034343
    Latitude
    61.548425

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial building with living quarters or multi-family conversion potential.
    Where is this mixed-use property located?
    The property is located at 16500 E Marilyn Dr Palmer, AK.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: - Potential for multi-family conversion or commercial rental income; - Mostly remodeled with new PEX plumbing; - Two new forced air heating systems (residential and commercial)
    (907) 745-8673
    Request Owner's contact information
    16500 E Marilyn Dr Palmer, AK 99645
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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
    16500 E Marilyn Dr Palmer, AK 99645
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