Two-Cabin Office
For Sale
$425,000
213 W Fireweed Ln, Anchorage, AK 99503
Historic cabins and a detached garage create a distinctive setting for professional office use.
Property Size1,486 SF
Price / SF$286
Days on Market363
Property Features for 213 W Fireweed Ln
General Information
Standard status
Active
Size
1,486 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Construction
log
Listing Agency:
Berkshire Hathaway HomeServices Alaska Realty
Listed By:
J. Michael James · License #15758
(907) 646-3600
Source:
Viewanchoragehouses
Added: Oct 23, 2025
Changed: Oct 1
Last Checked: Oct 19 at 7:27AM
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 Berkshire Hathaway HomeServices Alaska Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property includes two historic log cabins and a garage, providing a small-scale configuration for professional users. The buildings are positioned along Fireweed Lane in midtown Anchorage, with the property address at 213 W Fireweed Ln.
Both cabins are served by natural gas and sewer. City water serves the rear cabin, while the front cabin has a well. The property was previously occupied by an engineering firm for 15 years and is now available for office use.
Both cabins are served by natural gas and sewer. City water serves the rear cabin, while the front cabin has a well. The property was previously occupied by an engineering firm for 15 years and is now available for office use.
Key Highlights
- Two historic log cabins plus a garage
- Natural gas and sewer serve both cabins
- Rear cabin has city water; front cabin has a well
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,256
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,120
$365.1K
Cap Rate 7%
$260,800
$260.8K
Cap Rate 9%
$202,844
$202.8K
Market Conditions
NOI Build-Up for 1,486 SF
Gross rent
$31.2K $21.00/SF
− Vacancy
−$6.9K −$4.62/SF
EGI
$24.3K $16.38/SF
− OpEx
−$6.1K −$4.10/SF
NOI
$18.3K $12.29/SF
Area
Anchorage, AK
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,120
Cap Rate 7%
$260,800
Cap Rate 9%
$202,844
Alternative Uses
Best Use
Office B
$260.8K
$228.2K – $304.3K
NOI $18,256 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$403.5K
$353.1K – $470.8K
NOI $28,246 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Demographics for 99503, AK
13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Historic cabins and a detached garage create a distinctive setting for professional office use.
Where is this office unit located?
The property is located at 213 W Fireweed Ln Anchorage, AK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two historic log cabins plus a garage; Natural gas and sewer serve both cabins; Rear cabin has city water; front cabin has a well
