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Self-Storage Facility with Warehouse

1330 E 2nd Ave, Anchorage, AK 99501

For Sale
New
$5,200,000

The property combines storage operations with warehouse, office, and owner-apartment space.

Property Size16,800 SF
Price / SF$298.34
Days on Market6

Property Features for 1330 E 2nd Ave

General Information

Standard status Active
Size 16,800 SF
Property subtype Commercial

Site & Location

Neighborhood Fairview

Warehouse & Industrial

Clear Height 18 ft
Three-Phase Power Yes

Additional Details

Business Included Yes
Property Use Self Storage

Building Details

Year Built 1967
Building Size 16,800 SF
Construction concrete-block
Listing Agency: Jack White Commercial
Listed By: Manny Rodriguez · License AK #129593
Source: Seehomesinalaska
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:53PM

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 Jack White Commercial

Rey
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Investment Insights

Based on property information with market context.

Northland Maxi-Vaults is a self-storage business operating from a 16,800-square-foot concrete-block building. The facility includes warehouse and office areas, along with an apartment for the owner. Four overhead doors, floor drains, 3-phase power, and 18-foot height serve the building’s functional layout. The business dates to 1983, while the building was constructed in 1967.

The property is located at 1330 E 2nd Ave in Anchorage, Alaska. A paved lot provides the exterior area associated with the facility.

Key Highlights

  • 16,800‑square‑foot concrete‑block self‑storage facility
  • Includes warehouse, office, and owner‑apartment space
  • Four overhead doors and floor drains

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$207,787
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,155,740 $4.2M
Cap Rate 7%
$2,968,386 $3.0M
Cap Rate 9%
$2,308,744 $2.3M
Market Conditions
NOI Build-Up for 17,430 SF
Gross rent
$261.5K $15.00/SF
− Vacancy
−$17.0K −$0.98/SF
EGI
$244.5K $14.03/SF
− OpEx
−$36.7K −$2.10/SF
NOI
$207.8K $11.92/SF
Area
Anchorage, AK
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,155,740
Cap Rate 7%
$2,968,386
Cap Rate 9%
$2,308,744

Alternative Uses

Best Use
Warehouse
$2.97M
$2.60M – $3.46M (±1% cap)
NOI $207,787 @ 7.0% cap · market cap 4.00%
Second Best
Self Storage
$2.69M
$2.36M – $3.14M (±1% cap)
NOI $188,579 @ 7.0% cap · market cap 3.63%
Theoretical Best
Specialty Retail
$4.73M
$4.14M – $5.52M (±1% cap)
NOI $331,309 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Northland Maxi-Vaults Storage Facility U-Haul Neighborhood Dealer Car Rental Facility Northridge Development Corporation Construction Company

Lease Details

18 ft
Clear height
Turnkey business
Opportunity

Location Intelligence

Demographics for 99501, AK

18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - The property combines storage operations with warehouse, office, and owner-apartment space.
Where is this self storage facility located?
The property is located at 1330 E 2nd Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 16,800‑square‑foot concrete‑block self‑storage facility; Includes warehouse, office, and owner‑apartment space; Four overhead doors and floor drains
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