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    623 Old Steese Hwy Fairbanks, AK 99701

    New
    For Sale
    $749,900

    COMMERCIAL/INDUSTRIAL - Fairbanks, AK

    Property size:
    5,344 SF
    Lot size:
    1.11 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 12 at 2:06 am

    Property Features for 623 Old Steese Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Use District - 1
    Parking
    100
    Size
    5,344 SF
    Lot size
    1.11 Acres

    Building Details

    Year built
    1955
    Architectural style
    Other

    COLDWELL BANKER - GOLD COUNTRY (907) 456-4653

    Listing agent Derrick Dieringer (907) 456-4653 License #157028

    Listing date Dec 8, 2025

    MLS# 159114 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 Commercial Land For Sale

    This expansive commercial land is located in east Fairbanks, near shopping centers, national retailers, and box stores such as Walmart, Fred Meyer, and Home Depot. The property is over 1 acre, situated between the Steese Highway and Old Steese Highway. This commercial lot offers high visibility and significant traffic flow, attracting customers and businesses. The current owner is willing to potentially assist with development to tailor the property to business needs, making this an excellent opportunity for incoming investors. The building on the property is in as-is condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Artic Bar Bar

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.6947803
    Latitude
    64.8501929

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with high visibility in Fairbanks, Alaska.
    Where is this commercial land located?
    The property is located at 623 Old Steese Hwy Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Prime commercial land in bustling east Fairbanks location.; - High visibility and significant traffic flow on Steese Highway.; - Over 1 acre of land between Steese Highway and Old Steese Highway.
    (907) 456-4653
    Request Owner's contact information
    623 Old Steese Hwy Fairbanks, AK 99701
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    Fairbanks, AK 99701
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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
    623 Old Steese Hwy Fairbanks, AK 99701
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