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    School Campus with Nine Buildings Title is generated by Realmo AI

    1010 W Fireweed Lane, Anchorage, AK 99503

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    Claim this Listing
    New
    For Sale
    $4,700,000

    COMMERCIAL - Anchorage, AK

    Property size:
    25,789 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $182/SF
    Added:
    Jun 9, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 12 at 7:06 am

    Property Features for 1010 W Fireweed Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B3 - General Business
    Parking
    20
    Standard status
    Active
    APN
    00125261000
    Size
    25,789 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    T13N R4W SEC 24 N2NE4SE4SE4 W66'

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Flooring type
    Hardwood, Carpet, Laminate
    Building materials
    Block, Concrete

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    Listing Contact
    Lottie Michael

    Listing agent Lottie Michael License #2519

    Listing office Berkshire Hathaway HomeServices Alaska Realty 561 E 36th Ave Ste 200, Anchorage, AK

    Listing date Jun 9, 2026

    MLS# 26-6916

    Copyright © 2026 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.

    HighLights

    • School/corporate campus with nine (9) Class C buildings
    • Convenient midtown location on Fireweed Lane
    • Construction materials include block and concrete
    • Flooring includes hardwood, carpet, and laminate
    • Heating provided via baseboard
    • Utilities include public water and public sewer

    Overview

    The property is a school/corporate campus consisting of nine (9) Class C buildings. Total building area is 25,789 square feet, situated on a 1-acre site. The campus configuration provides multiple buildings within a single ownership, supporting a range of school and office programming needs under one coordinated property.

    Located in midtown at 1010 W Fireweed Lane in Anchorage, the site offers convenient access for a campus-style operation. Zoning is B3 – General Business, which can support a variety of general business uses consistent with that classification.

    For tenants, buyers, or operators seeking a multi-building campus, this site can work well for an educational program or a large business enterprise looking to operate across several buildings rather than a single structure. The B3 zoning and established campus layout are practical considerations for parties evaluating a consolidated footprint for office or school-related activities on the same parcel.

    Local Financial Insights For Office B

    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 $541.6k $21.00
    − Vacancy −$119.1k −$4.62
    EGI $422.4k $16.38
    − OpEx −$105.6k −$4.10
    NOI $316.8k $12.29
    25,789 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.53M
    $3.96M – $5.28M (±1% cap)
    NOI $316,818 @ 7.0% cap · market cap 6.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $7.00M
    $6.13M – $8.17M (±1% cap)
    NOI $490,197 @ 7.0% cap · market cap 10.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cafe Espresso Cafe & Coffee Shop Holy Rosary Academy High School Anchorage Japanese School(アンカレッジ日本人補習学校) High School

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.901523
    Latitude
    61.198375

    FAQs

    What type of property is this?
    School - Nine Class C buildings on a B3-zoned campus suited for schooling or corporate offices.
    Where is this school located?
    The property is located at 1010 W Fireweed Lane Anchorage, AK.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: School/corporate campus with nine (9) Class C buildings; Convenient midtown location on Fireweed Lane; Construction materials include block and concrete
    More about this property
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