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    1860 Richardson Hwy Valdez, AK 99686

    For Sale
    $550,000

    High-traffic location, expansion potential.

    Property size:
    2,280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 1860 Richardson Highway in Valdez, Alaska, presents a unique investment opportunity. The property encompasses over two acres of mostly cleared, level land situated on a prominent corner lot at the intersection of Richardson Highway and Airport Road, approximately three miles from Valdez's city center. The main structure is a 2,280 square foot convenience store and laundry facility, complemented by a 400 square foot office building. Fuel infrastructure includes gas pumps installed in 2018, servicing two above-ground fuel tanks: a 10,000-gallon unleaded gasoline tank and a 10,000-gallon split tank (5,000 gallons diesel and 5,000 gallons premium gasoline). Additional buildings on the site, a 3,750 square foot bar building and a 1,580 square foot liquor store building, are currently used for storage and require repairs. A 600 square foot storage shed and a 12' x 60' three-bedroom mobile home, currently rented, are also included. The asking price of $550,000 does not include existing inventory or fuel in the tanks. Detailed financial performance data, in the form of recent profit and loss statements, are available upon execution of a non-disclosure agreement by prospective buyers. This property offers significant potential for expansion and growth in a high-demand location.

    Property Features for 1860 Richardson Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,280 SF
    Lot Size
    87,120 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Valdez
    County
    Chugach Census Area
    State
    Alaska
    Longitude
    -146.2675
    Latitude
    61.12418

    Nearby Comparable

    • $495,000
      2,280 SF

      Valdez Retail on Richardson Highway

      Valdez convenience store with room for expansion on 2+ acres.
      1860 Richardson Hwy, Valdez, AK 99999
      View Details
    • $300,000
      3,240 SF

      Valdez Commercial Building - Prime Location

      Spacious, updated commercial building in Valdez, AK.
      101 Hazelet Ave, Valdez, AK 99686
      View Details
    • $1,895,000
      20,000 SF

      24-Unit Income Property in Valdez

      Three 8-plex buildings with modern updates and in-unit laundry.
      4301 Richardson Hwy, Valdez, AK 99686
      View Details
    • $381,000
      77.08 Acres

      Valdez Industrial Land Package

      77 acres of industrial land near Valdez, Alaska.
      2490 Dayville Rd, Valdez, AK 99686
      View Details

    Nearby Similar for Sale

    • $1,895,000
      20,000 SF

      24-Unit Income Property in Valdez

      Three 8-plex buildings with modern updates and in-unit laundry.
      4301 Richardson Hwy, Valdez, AK 99686
      View Details
    • $495,000
      2,280 SF

      Valdez Retail on Richardson Highway

      Valdez convenience store with room for expansion on 2+ acres.
      1860 Richardson Hwy, Valdez, AK 99999
      View Details
    • $300,000
      3,240 SF

      Valdez Commercial Building - Prime Location

      Spacious, updated commercial building in Valdez, AK.
      101 Hazelet Ave, Valdez, AK 99686
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, expansion potential.
    Where is this commercial real estate located?
    The property is located at 1860 Richardson Hwy Valdez, AK.
    What is the asking price?
    The asking price for this property is $550,000.
    (907) 458-8850
    Request Owner's contact information
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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
    1860 Richardson Hwy Valdez, AK 99686
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