Flex Warehouse with Drive-Up
3674 E Country Field Cir Wasilla, AK 99654
3674 E Country Field Cir, Wasilla, AK, 99654
$1,850,000
For Sale
$1,850,000
Multi-use flex building with warehouse space, a drive-up window, and ample parking on 1.5 acres.
Property Size7,818 SF
Lot Size1.50 Acres
Price / SF$236.63
Days on Market119
Property Features for 3674 E Country Field Cir
General Information
- Standard status
- Active
- Size
- 7,818 SF
- Lot size
- 1.50 Acres
Listing agency
Elite Real Estate Group
(907) 746-7890
Listed by
Jeff Goyette
(907) 746-7890
Source
Exprealty
Added: Mar 25 Updated: Jul 20 at 9:31PM Checked: Jul 20 at 9:31PM
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 Elite Real Estate Group
Investment Insights
Based on property information with market context.
This 7,818 SF flex building on 1.5 acres is set up to support multiple business uses, with space that can be used for office, medical, or retail. The property includes warehouse space and a drive-up window, designed for customers and deliveries, along with lots of parking to support day-to-day operations.
The building is located near the intersection of P-W Highway and Seward Meridian. AKDOT added a stoplight on Seward Meridian to support easier access for vehicles entering and exiting the area.
For sale, and the property is also available for lease (see MLS#25-10021).
The building is located near the intersection of P-W Highway and Seward Meridian. AKDOT added a stoplight on Seward Meridian to support easier access for vehicles entering and exiting the area.
For sale, and the property is also available for lease (see MLS#25-10021).
Key Highlights
- Multi‑use flex building on 1.5 acres with 7,818 SF available for office, medical, or retail use
- Includes warehouse space plus a drive‑up window
- Ample on‑site parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.6k | $24.00 |
| − Vacancy | −$42.4k | −$5.42 |
| EGI | $145.2k | $18.58 |
| − OpEx | −$36.3k | −$4.64 |
| NOI | $108.9k | $13.93 |
7,818 SF · lease $24.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.36M – $1.82M
NOI $108,920 @ 7.0% cap · market cap 5.89%
Second Best
Flex RnD
$1.24M
$1.09M – $1.45M
NOI $86,897 @ 7.0% cap · market cap 4.70%
Theoretical Best
Multifamily LT 5
$57.80M
$50.57M – $67.43M
NOI $4,045,808 @ 7.0% cap · market cap 218.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MyMedSupplies.com: a Geneva Woods ...
Medical Supply Store
Geneva Woods Pharmacy
Pharmacy
Kimberly Ryneski, CRT
Spa & Massage Center
Pauline A. Grube, RN
Registered General Nurse
CVS
Pharmacy
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FAQs
What type of property is this?
Flex space - Multi-use flex building with warehouse space, a drive-up window, and ample parking on 1.5 acres.
Where is this flex space located?
The property is located at 3674 E Country Field Cir Wasilla, AK.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Multi‑use flex building on 1.5 acres with 7,818 SF available for office, medical, or retail use; Includes warehouse space plus a drive‑up window; Ample on‑site parking
