Log Cabin Office
213 W Fireweed Lane, Anchorage, AK 99503
For Sale
$425,000
Commercial Sale, Anchorage, AK
Property Size1,486 SF
Lot Size0.39 Acres
Price / SF$286
Days on Market300
Property Features for 213 W Fireweed Lane
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Building materials
Roof type
Listing Agency:
Berkshire Hathaway HomeServices Alaska Realty
(907) 646-3600
Listed By:
J. Michael James · License AK #15758
(907) 646-3652
Added: Jan 15
Changed: Oct 28
Last Checked: Nov 10 at 9:06AM
MLS# 26-446
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1,486-square-foot office property includes two log cabins and a garage on a 0.39-acre parcel. Both cabins have natural gas service and connect to public sewer. Water is supplied by the public system at the rear cabin and by a well at the front cabin. Heating includes baseboard, natural gas, and forced-air systems, and the roof is asphalt.
The property is on Fireweed Lane in midtown Anchorage, across from the former Romano's. B3 – General Business zoning applies.
The property is on Fireweed Lane in midtown Anchorage, across from the former Romano's. B3 – General Business zoning applies.
Key Highlights
- Two log cabins and a garage on 0.39 acres
- 1,486 square feet of property area
- Natural gas and public sewer serve both cabins
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
Who owns this building?
See the owner, sales and loan history
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
$316,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Anchorage, AK
Properties on Market for Office Units in Anchorage
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two separate structures and a garage are served by public sewer, with natural gas available to both cabins.
Where is this office unit located?
The property is located at 213 W Fireweed Lane 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 log cabins and a garage on 0.39 acres; 1,486 square feet of property area; Natural gas and public sewer serve both cabins
