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    1950 Gambell St Anchorage, AK 99501

    Sponsored
    For Sale
    $20,000,000

    8 Acres, 90,883 SF, Prime Location

    Property size:
    90,883 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a rare investment opportunity in the heart of Midtown Anchorage. Spanning eight acres of prime real estate, this expansive site boasts a substantial 90,883 square feet of combined building area. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to the Ben Boeke and Sullivan Arenas, ensuring high traffic and prominent exposure. The existing building and its infrastructure are meticulously maintained and in excellent condition, reflecting a commitment to consistent upkeep. Currently occupied by a long-standing tenant, Kendall Ford Dealership, this property offers a stable income stream and significant potential for future development or repositioning. The property's size and location make it ideal for a variety of commercial uses, presenting a compelling opportunity for investors seeking a high-value asset in a thriving Anchorage market. The substantial building area allows for flexibility in adapting the space to suit diverse business needs. Given the prime location and the existing infrastructure, this property represents a unique chance to acquire a significant commercial holding in a highly desirable area of Anchorage. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers. Please note that direct contact with the current tenant is not permitted.

    Property Features for 1950 Gambell St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    90,883 SF
    Lot Size
    348,480 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Kendall Ford of Anchorage Ford Dealer Kendall Ford Lincoln ... Auto Repair Shop Kendall Ford Lincoln ... Lincoln Dealer Quick Lane at Kendall ... Oil Change Service Kendall Ford of Anchorage ... Auto Repair Shop

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.8701
    Latitude
    61.20273

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    FAQs

    What type of property is this?
    Commercial real estate - 8 Acres, 90,883 SF, Prime Location
    Where is this commercial real estate located?
    The property is located at 1950 Gambell St Anchorage, AK.
    What is the asking price?
    The asking price for this property is $20,000,000.
    (907) 276-1007
    Request Owner's contact information
    1950 Gambell St Anchorage, AK 99501
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    Anchorage, AK 99501
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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
    1950 Gambell St Anchorage, AK 99501
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