Alaska-Style Log Office
For Sale
$595,000
101-13012 Old Glenn Hwy, Eagle River, AK 99577
Distinctive log office building with flexible B-3 zoning on a corner lot with parking and strong visibility.
Property Size2,070 SF
Price / SF$287.44
Days on Market135
Property Features for 101-13012 Old Glenn Hwy
General Information
Standard status
Active
Size
2,070 SF
Zoning
B-3
Building Details
Construction
log
Listing Agency:
RE/MAX Dynamic Properties
(907) 727-4400
Listed By:
Lee Henry
(907) 727-4400
Source:
Exprealty
Added: Mar 25
Changed: Jul 28
Last Checked: Jul 31 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Dynamic Properties
Investment Insights
Based on property information with market context.
This for-sale office building presents a rare owner-user opportunity, featuring approximately 2,070 SF within a distinctive Alaska-style log structure. The property is situated on a huge corner lot and is described as offering flexible B-3 zoning to support a broad range of professional and commercial uses.
Located at 101–13012 Old Glenn Hwy in Eagle River, the building is positioned on one of the area’s most visible commercial corridors. The offering is further supported by noted access and parking, along with “future flexibility,” making it well-suited for buyers seeking an adaptable office footprint in a prominent roadside setting.
Located at 101–13012 Old Glenn Hwy in Eagle River, the building is positioned on one of the area’s most visible commercial corridors. The offering is further supported by noted access and parking, along with “future flexibility,” making it well-suited for buyers seeking an adaptable office footprint in a prominent roadside setting.
Key Highlights
- Approximately 2,070 SF professional office building in a distinctive Alaska‑style log building
- Located on a huge corner lot with strong visibility, access, and parking
- Flexible B‑3 zoning supports a broad range of professional and commercial uses
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.2k | $25.20 |
| − Vacancy | −$5.5k | −$2.65 |
| EGI | $46.7k | $22.55 |
| − OpEx | −$18.7k | −$9.02 |
| NOI | $28.0k | $13.53 |
2,070 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$400.2K
$350.2K – $466.9K
NOI $28,012 @ 7.0% cap · market cap 4.71%
Second Best
Office B
$364.5K
$318.9K – $425.2K
NOI $25,512 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$542.1K
$474.4K – $632.5K
NOI $37,948 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Demographics for 99577, AK
26,947
Population
10,854
Households
2.5
Avg Household Size
35
Median Age
46%
College-Educated
96%
High-School Grad
287.2 sq mi
ZIP Area
94
Density / Sq Mi
$135,011
Median Household Income
$62,137
Median Earnings
$1,709
Median Rent
$413,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Distinctive log office building with flexible B-3 zoning on a corner lot with parking and strong visibility.
Where is this office building located?
The property is located at 101-13012 Old Glenn Hwy Eagle River, AK.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 2,070 SF professional office building in a distinctive Alaska‑style log building; Located on a huge corner lot with strong visibility, access, and parking; Flexible B‑3 zoning supports a broad range of professional and commercial uses
