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Property profile & analytics
OFF-MARKET
Commercial real estate

980 Deere St Fairbanks, AK 99709-5536

10,000 SF 1.12 ac lot Built 1985
Trust Owned 18-yr Hold ~ Est. High Equity
Property ID
US02-0255349
Property summary
AI-generated overview

This exceptional Fairbanks commercial property presents a significant opportunity for investors and businesses alike. Located at 980 Deere Street, this 1.12-acre site boasts a substantial 11,200 square foot building, offering ample space for a variety of uses. The property's strategic location on the west side of Deere Street provides excellent access, connecting seamlessly to Hanson Road and Aurora Drive. This prime location within the northwest quadrant of Fairbanks ensures convenient access to major transportation routes and city amenities. The site itself is largely at street grade, simplifying development and logistical operations. Existing utilities are readily available, minimizing upfront infrastructure costs and expediting any potential redevelopment or expansion projects. With its generous size and convenient location, this property is ideally suited for a wide range of commercial ventures, from warehousing and distribution to light industrial operations and more. The 48,874 square foot lot offers significant potential for future expansion or development. This is a rare opportunity to acquire a substantial commercial property in a thriving Fairbanks location. The asking price is $1,650,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Construction WOOD
Total area 10,000 SF
Lot 1.12 ac (48,874 SF)
APN 128074
UPID US02-0255349
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Miranda Electric Inc Electric Utility Company Electrician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rnm Trust LLC · 18 yrs held
Rnm Trust LLC
since 2007
4 recorded transactions
2018
Price N/A
2018
Price N/A
2007
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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