Log-Style Office
13012 Old Glenn Highway #101, Eagle River, AK 99577
For Sale
New
$595,000
Hardwood, tile and vinyl finishes are present in the office interior.
Property Size2,070 SF
Price / SF$287.44
Days on Market2
Property Features for 13012 Old Glenn Highway #101
General Information
Standard status
Size
Zoning
Additional Details
Property Use
Amenities
Hardwood,Tile,Vinyl
true
Corner Lot,City Lot
Public
29620.8
0.68
Tax Authority
On Site
Paved
Dedicated Road
2070
Maintained
Feet
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
RE/MAX Dynamic Properties
(907) 312-2438
Listed By:
Chanel Ebert
Source:
Svrealtyak
Added: Nov 9
Last Checked: Nov 9 at 1:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Dynamic Properties
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Investment Insights
Based on property information with market context.
This 2,070-square-foot office building has an Alaska-style log design and interior finishes that include hardwood, tile and vinyl. Constructed in 1982, the property occupies a corner lot at 13012 Old Glenn Highway in Eagle River.
Key Highlights
- 2,070‑square‑foot office building
- Alaska‑style log construction
- Situated on a corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,012
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,240
$560.2K
Cap Rate 7%
$400,171
$400.2K
Cap Rate 9%
$311,244
$311.2K
Market Conditions
NOI Build-Up for 2,070 SF
Gross rent
$52.2K $25.20/SF
− Vacancy
−$5.5K −$2.65/SF
EGI
$46.7K $22.55/SF
− OpEx
−$18.7K −$9.02/SF
NOI
$28.0K $13.53/SF
Area
Anchorage County, AK
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,240
Cap Rate 7%
$400,171
Cap Rate 9%
$311,244
Alternative Uses
Best Use
Healthcare Medical
$400.2K
$350.2K – $466.9K
NOI $28,012 @ 7.0% cap · market cap 4.71%
Second Best
Office B
$364.5K
$318.9K – $425.2K
NOI $25,512 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$542.1K
$474.4K – $632.5K
NOI $37,948 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Demographics for 99577, AK
26,947
Population
10,854
Households
2.5
Avg Household Size
35
Median Age
46%
College-Educated
96%
High-School Grad
287.2 sq mi
ZIP Area
94
Density / Sq Mi
$135,011
Median Household Income
$62,137
Median Earnings
$1,709
Median Rent
$413,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Anchorage County, AK
Properties on Market for Office buildings in Anchorage County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Hardwood, tile and vinyl finishes are present in the office interior.
Where is this office building located?
The property is located at 13012 Old Glenn Highway #101 Eagle River, AK.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,070‑square‑foot office building; Alaska‑style log construction; Situated on a corner lot
