Office Unit with Enclosed
3900 Arctic Blvd Unit 101, Anchorage, AK 99503
For Sale
$285,000
First-floor workspace combines private offices, a reception area, and a conference room in a secured building.
Property Size1,436 SF
Price / SF$198.47
Days on Market14
Property Features for 3900 Arctic Blvd Unit 101
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Additional Details
Floor
Property Use
Amenities
secured building
Building Details
Year Built
Listing Agency:
Keller Williams Realty Alaska Group
Listed By:
Dar Walden
(907) 865-6500
Source:
Seehomesinalaska
Added: Oct 31
Changed: Nov 10
Last Checked: Nov 10 at 2:43PM
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 Keller Williams Realty Alaska Group
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Investment Insights
Based on property information with market context.
This 1,436-square-foot office unit is on the first floor of a secured building constructed in 1983. Its layout includes offices, a reception area, a conference room, and an enclosed storage room fitted with built-in shelving. Large windows in nearly every room bring in natural light. The space has fresh paint and updated carpeting.
Open parking is available for employees and visitors. Building association dues cover heat; the owner pays only for electricity used for lighting.
Open parking is available for employees and visitors. Building association dues cover heat; the owner pays only for electricity used for lighting.
Key Highlights
- 1,436‑square‑foot first‑floor office unit
- Offices, reception area, conference room, and enclosed storage with built‑in shelving
- Secured building with open parking for employees and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,641
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,820
$352.8K
Cap Rate 7%
$252,014
$252.0K
Cap Rate 9%
$196,011
$196.0K
Market Conditions
NOI Build-Up for 1,436 SF
Gross rent
$30.2K $21.00/SF
− Vacancy
−$6.6K −$4.62/SF
EGI
$23.5K $16.38/SF
− OpEx
−$5.9K −$4.10/SF
NOI
$17.6K $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%
$352,820
Cap Rate 7%
$252,014
Cap Rate 9%
$196,011
Alternative Uses
Best Use
Office B
$252.0K
$220.5K – $294.0K
NOI $17,641 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$389.9K
$341.2K – $454.9K
NOI $27,295 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
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
$316,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - First-floor workspace combines private offices, a reception area, and a conference room in a secured building.
Where is this office unit located?
The property is located at 3900 Arctic Blvd Unit 101 Anchorage, AK.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,436‑square‑foot first‑floor office unit; Offices, reception area, conference room, and enclosed storage with built‑in shelving; Secured building with open parking for employees and visitors
