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Meat Processing Facility with Yard

385 E Outer Springer Loop Palmer Palmer, AK 99645

New
385 E Outer Springer Loop Palmer, Palmer, AK, 99645
$2,700,000
For Sale
Claim this Listing
$2,700,000

USDA-approved meat processing and slaughterhouse facility with 3.5 acres and approximately 18,500 SF under roof.

Property Size18,500 SF
Lot Size3.50 Acres
Price / SF$145.95
AddedJul 10
Days on Market6
Last RefreshJul 15 at 2:24 pm

Property Features for 385 E Outer Springer Loop Palmer

General Information

Standard status
Active
Size
18,500 SF
Lot size
3.50 Acres

Listing office

Listing date Jul 10, 2026

Source Herringtonlifestyleandliving

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 Ranna Fekrat


Investment Insights

Based on property information with market context.

This USDA-approved meat processing and slaughterhouse facility is currently operating as an “Alaska Meat” processing site. The property includes approximately 3.5 acres with about 0.5 acre under roof, totaling roughly 18,500 square feet. The owner is offering the business as a whole with ongoing operations, or alternatively the real estate may be sold and the business disassembled.

The site is described as being across from the state fair, with the location and configuration suitable for tenants seeking a purpose-built processing facility.

If structured as a real estate-only offering, the improvements and site footprint provide a strong base for future redevelopment and reconfiguration within the existing building envelope.

Key Highlights

  • USDA‑approved meat processing and slaughterhouse facility
  • Approximately 18,500 SF under roof on 3.5 acres
  • Equity owner retiring and moving out of state

Local Financial Insights For Self Storage

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 $239.8k $12.96
− Vacancy −$14.4k −$0.78
EGI $225.4k $12.18
− OpEx −$67.6k −$3.65
NOI $157.8k $8.53
18,500 SF · lease $12.96/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,762 @ 7.0% cap · market cap 5.84%
Second Best
Warehouse
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,356 @ 7.0% cap · market cap 5.57%
Theoretical Best
Multifamily LT 5
$136.77M
$119.67M – $159.56M (±1% cap)
NOI $9,573,734 @ 7.0% cap · market cap 354.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

ALASKA MEATS Meat Packer

FAQs

What type of property is this?
Manufacturing property - USDA-approved meat processing and slaughterhouse facility with 3.5 acres and approximately 18,500 SF under roof.
Where is this manufacturing property located?
The property is located at 385 E Outer Springer Loop Palmer Palmer, AK.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: USDA‑approved meat processing and slaughterhouse facility; Approximately 18,500 SF under roof on 3.5 acres; Equity owner retiring and moving out of state
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