Office-Warehouse with Fenced
For Sale
Contact for pricing
6636 Rosewood St, Anchorage, AK 99518
7,752 SF office-warehouse with yard space for sale.
Property Size7,752 SF
Lot Size0.34 Acres
Price / SF$161.25
Days on Market193
Property Features for 6636 Rosewood St
General Information
Standard status
Active
Size
7,752 SF
Lot size
0.34 Acres
Property subtype
Industrial, Mixed Use, Office
Zoning
I1 (Light Industrial)
Investment Type
Owner/User
Building Details
Year Built
1976
Listing Agency:
Bond Filipenko Commercial Properties LLC
(907) 792-5555
Listed By:
Mark Filipenko · License #AK 16113
Source:
Crexi
Added: Jan 30
Changed: Aug 9
Last Checked: Aug 11 at 6:56PM
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 Bond Filipenko Commercial Properties LLC
Investment Insights
Based on property information with market context.
This 7,752 SF office-warehouse property is available for sale. The building features approximately 62% warehouse space and 38% office space. It includes three overhead doors, front parking, and a large fenced outdoor yard suitable for storage or operations. The property is situated on approximately 0.34 acres of I1 (Light Industrial) zoned land. The location offers excellent accessibility between Old Seward Highway and Homer Drive. The property can be used as flex space, industrial property, warehouse, office unit, office property and space, or commercial real estate.
Key Highlights
- 7,752 SF office‑warehouse suitable for diverse operations
- Large fenced outdoor yard space for storage or operations
- Excellent accessibility between Old Seward Highway and Homer Drive
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,414
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,848,280
$1.8M
Cap Rate 7%
$1,320,200
$1.3M
Cap Rate 9%
$1,026,822
$1.0M
Market Conditions
NOI Build-Up for 7,752 SF
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.
Gross rent
$116.3K $15.00/SF
− Vacancy
−$7.6K −$0.98/SF
EGI
$108.7K $14.03/SF
− OpEx
−$16.3K −$2.10/SF
NOI
$92.4K $11.92/SF
Area
Anchorage, AK
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,848,280
Cap Rate 7%
$1,320,200
Cap Rate 9%
$1,026,822
Alternative Uses
Best Use
Warehouse
$1.32M
$1.16M – $1.54M
NOI $92,414 @ 7.0% cap · market cap 7.39%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $88,038 @ 7.0% cap · market cap 7.04%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,350 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 99518, AK
9,861
Population
4,568
Households
2.2
Avg Household Size
36
Median Age
32%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
2,595
Density / Sq Mi
$91,077
Median Household Income
$49,761
Median Earnings
$1,661
Median Rent
$297,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 7,752 SF office-warehouse with yard space for sale.
Where is this flex space located?
The property is located at 6636 Rosewood St Anchorage, AK.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 7,752 SF office‑warehouse suitable for diverse operations; Large fenced outdoor yard space for storage or operations; Excellent accessibility between Old Seward Highway and Homer Drive
