Soldotna Flex Space with
For Sale
Contact for pricing
35126 Kb Drive, Soldotna, AK 99669
9,600 sq ft flex space with office and warehouse.
Property Size9,600 SF
Lot Size0.92 Acres
Price / SF$156.25
Days on Market239
Property Features for 35126 Kb Drive
General Information
Standard status
Active
Size
9,600 SF
Lot size
0.92 Acres
Property subtype
Special Purpose
Listing Agency:
Century 21 Realty Solutions
Listed By:
Jamey Wood · License #AK
Source:
Crexi
Added: Feb 23
Changed: Oct 3
Last Checked: Oct 19 at 4:06AM
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 Century 21 Realty Solutions
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Investment Insights
Based on property information with market context.
This property, located in Soldotna, Alaska, features a 9,600 sq. ft. building situated on a 0.92-acre lot, according to tax records. The building includes approximately 5,100 sq. ft. of office space, containing 9 offices, and approximately 4,500 sq. ft. of shop/warehouse space. The layout incorporates a break room and separate men’s and women’s bathrooms. The warehouse area is divided into two sections with a parts/tool room situated in between. One shop area is equipped with three large overhead doors, each approximately 14 feet tall, while the second shop area has one overhead door. High-end office furniture is included in the sale.
Key Highlights
- 9,600 sq. ft. building with a mix of office and shop/warehouse space.
- Located on a 0.92‑acre lot.
- Two warehouse areas, one featuring three 14’ tall overhead doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,374
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,480
$1.2M
Cap Rate 7%
$848,200
$848.2K
Cap Rate 9%
$659,711
$659.7K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$91.0K $9.48/SF
− Vacancy
−$6.2K −$0.64/SF
EGI
$84.8K $8.84/SF
− OpEx
−$25.4K −$2.65/SF
NOI
$59.4K $6.18/SF
Area
Kenai Peninsula County, AK
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,480
Cap Rate 7%
$848,200
Cap Rate 9%
$659,711
Alternative Uses
Best Use
Flex RnD
$2.37M
$2.07M – $2.76M
NOI $165,757 @ 7.0% cap · market cap 11.05%
Second Best
Industrial
$848.2K
$742.2K – $989.6K
NOI $59,374 @ 7.0% cap · market cap 3.96%
Theoretical Best
Multifamily LT 5
$66.58M
$58.26M – $77.68M
NOI $4,660,686 @ 7.0% cap · market cap 310.71%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Demographics for 99669, AK
15,531
Population
8,221
Households
1.9
Avg Household Size
41
Median Age
28%
College-Educated
94%
High-School Grad
244.7 sq mi
ZIP Area
63
Density / Sq Mi
$84,133
Median Household Income
$44,918
Median Earnings
$1,205
Median Rent
$304,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - 9,600 sq ft flex space with office and warehouse.
Where is this flex space located?
The property is located at 35126 Kb Drive Soldotna, AK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,600 sq. ft. building with a mix of office and shop/warehouse space.; Located on a 0.92‑acre lot.; Two warehouse areas, one featuring three 14’ tall overhead doors.
