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    2431 Hill Rd Fairbanks, AK 99709

    For Sale
    $795,000

    Industrial - Fairbanks, AK

    Type:Industrial
    Property size:
    3,600 SF
    Lot size:
    2.92 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 2431 Hill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    Light Industrial District
    Parking
    12
    Size
    3,600 SF
    Lot size
    2.92 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1984
    Architectural style
    Other

    RUSSO REALTY (907) 458-8850

    Listing agent Joe Russo (907) 458-8850 License #RECB14899

    Listing date Aug 13, 2025

    MLS# 158415 Listing URL

    Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairbanks Industrial Property For Sale

    This industrial property is located in Fairbanks, Alaska, and includes a 60'x60' steel shop featuring radiant floor heat, two overhead doors, public water, a mechanical room with a half bath, and LED lighting. The shop is situated on a cleared and graveled yard. The property consists of nearly 3 acres, encompassing three lots, and is zoned as Light Industrial District. It offers central access to the Airport, Van Horn Road, Mitchell Expressway, and Downtown Fairbanks. The shop's living area measures 3,600 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7946589
    Latitude
    64.8251741

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    FAQs

    What type of property is this?
    Industrial property - Industrial property with shop on nearly 3 acres in Fairbanks.
    Where is this industrial property located?
    The property is located at 2431 Hill Rd Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Central location with easy access to Airport, Van Horn, Mitchell Expressway, and Downtown.; - Large 3-acre lot provides ample space.; - 60'x60' steel shop with radiant floor heat.
    (907) 458-8850
    Request Owner's contact information
    2431 Hill Rd Fairbanks, AK 99709
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    Fairbanks, AK 99709
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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
    2431 Hill Rd Fairbanks, AK 99709
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