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Freestanding Office Building

2601 Blueberry Road, Anchorage, AK 99503

For Sale
New
$525,000

A six-office layout includes dedicated conference, server, and reception areas.

Property Size1,800 SF
Lot Size0.18 Acres
Price / SF$291.67
Days on Market2

Property Features for 2601 Blueberry Road

General Information

Standard status Active
Size 1,800 SF
Total Parking Spaces 5
Lot size 0.18 Acres
Zoning B3 - General Business

Site & Location

Neighborhood Midtown

Additional Details

Property Use Office

Amenities

private offices
reception
conference room
kitchenette
server room
restroom
7840.8
0.18
Tax Authority
1800

Building Details

Building Size 1,800 SF
Year Renovated 2010
Buildings 1
Stories 1
Listing Agency: Jack White Commercial
Listed By: Chanel Ebert
Source: Svrealtyak
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 10 at 1:35AM

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.

This freestanding, single-story office building contains 1,800 SF and is scheduled to be vacant at closing. Its layout includes six private offices, a large reception area, a conference room with A/C, a kitchenette, a server room, and a restroom. The building was remodeled in 2000 and 2010, and features high-efficiency boilers and a seal-coated roof.

The property is one block west of C Street in Midtown and is zoned B3 - General Business. Five striped parking stalls and additional overflow parking serve the site.

Key Highlights

  • 1,800 SF freestanding, single‑story office building
  • Six private offices, plus reception, conference, kitchenette, server room, and restroom
  • Remodeled in 2000 and 2010

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,113
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,260 $442.3K
Cap Rate 7%
$315,900 $315.9K
Cap Rate 9%
$245,700 $245.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$37.8K $21.00/SF
− Vacancy
−$8.3K −$4.62/SF
EGI
$29.5K $16.38/SF
− OpEx
−$7.4K −$4.10/SF
NOI
$22.1K $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%
$442,260
Cap Rate 7%
$315,900
Cap Rate 9%
$245,700

Alternative Uses

Best Use
Office B
$315.9K
$276.4K – $368.6K (±1% cap)
NOI $22,113 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$488.8K
$427.7K – $570.2K (±1% cap)
NOI $34,214 @ 7.0% cap · market cap 6.52%
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

North Wend Foods ... Restaurant

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 buildings in Anchorage, AK

$160 Jul
$168 Aug
$158 Sep
$156 Oct

Properties on Market for Office buildings in Anchorage

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - A six-office layout includes dedicated conference, server, and reception areas.
Where is this office building located?
The property is located at 2601 Blueberry Road Anchorage, AK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,800 SF freestanding, single‑story office building; Six private offices, plus reception, conference, kitchenette, server room, and restroom; Remodeled in 2000 and 2010
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