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    21229 Gorsuch St Chugiak, AK 99567

    For Sale
    $395,000

    Spacious Warehouse, Apartment, Solar

    Property size:
    5,701 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This unique 5,701 square foot property in Chugiak, Alaska, sits on a 0.86-acre lot and offers a versatile blend of commercial and residential space. Ideally located on the outskirts of Anchorage, this property presents an exceptional opportunity for a variety of uses. The main feature is two large, interconnected warehouses, each equipped with a convenient bay door, perfect for storage, manufacturing, or a workshop. The property also includes a comfortable apartment, providing convenient living quarters on-site. This setup is ideal for a business owner seeking a live-work arrangement, an artist needing ample studio space, or anyone requiring substantial storage capacity. The property's solar power system, when operational, feeds back into the grid, offering potential cost savings and environmental benefits. The property's prime Chugiak location provides easy access to Anchorage while maintaining a peaceful, suburban setting. This adaptable space is limited only by your imagination and offers a rare combination of commercial and residential functionality. The asking price is $395,000.

    Property Features for 21229 Gorsuch St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,701 SF
    Lot Size
    37,462 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chugiak
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.4222
    Latitude
    61.41231

    FAQs

    What type of property is this?
    Commercial real estate - Spacious Warehouse, Apartment, Solar
    Where is this commercial real estate located?
    The property is located at 21229 Gorsuch St Chugiak, AK.
    What is the asking price?
    The asking price for this property is $395,000.
    (907) 622-1345
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    Chugiak, AK 99567
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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
    21229 Gorsuch St Chugiak, AK 99567
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