RVC Center with Repair
For Sale
$1,500,000
Pending
7061 E Blue Lupine Dr, Wasilla, AK 99654
Multi-building RV sales, parts, and repair property on two fenced, gated lots with separate electric and natural gas meters.
Property Size8,806 SF
Days on Market297
Property Features for 7061 E Blue Lupine Dr
General Information
Standard status
Pending
Size
8,806 SF
Additional Details
Business Included
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$8,682
Listing Agency:
RE/MAX Dynamic Properties Mat-Su Branch
(907) 376-4515
Listed By:
Russell Joyce · License #14891
(907) 232-4895
Source:
Exprealty
Added: Nov 11, 2025
Changed: Aug 27
Last Checked: Sep 4 at 10:10AM
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 RE/MAX Dynamic Properties Mat-Su Branch
Investment Insights
Based on property information with market context.
Valley RV Center is an established statewide business offering sales for new and consigned RVs, an RV parts and accessories retail operation, and a repair center for recreational vehicles. The sale includes 2 lots with 3 buildings, a parts center with existing retail inventory, and an established repair center parts operation, along with the business name.
The property features two fenced lots with multiple gates and substantial paving. The buildings have 4 separate electric meters and 4 separate natural gas meters. The shop area could be divided into two units, as it was constructed, or operated/rented separately.
Three buildings total are included in the offering, supporting a consolidated on-site setup for RV retail and service operations.
The property features two fenced lots with multiple gates and substantial paving. The buildings have 4 separate electric meters and 4 separate natural gas meters. The shop area could be divided into two units, as it was constructed, or operated/rented separately.
Three buildings total are included in the offering, supporting a consolidated on-site setup for RV retail and service operations.
Key Highlights
- Established statewide business: Valley RV Center, including sales office for new and consigned RVs.
- Includes RV parts and accessories retail plus a repair center for all classes of recreational vehicles.
- Sale includes 2 lots with 3 buildings, along with parts center retail inventory and repair center parts.
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
$106,295
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
7.09%
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%
$2,125,900
$2.1M
Cap Rate 7%
$1,518,500
$1.5M
Cap Rate 9%
$1,181,056
$1.2M
Market Conditions
NOI Build-Up for 8,806 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
$158.5K $18.00/SF
− Vacancy
−$6.7K −$0.76/SF
EGI
$151.9K $17.24/SF
− OpEx
−$45.6K −$5.17/SF
NOI
$106.3K $12.07/SF
Area
Matanuska-Susitna County, AK
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,125,900
Cap Rate 7%
$1,518,500
Cap Rate 9%
$1,181,056
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.77M
NOI $106,295 @ 7.0% cap · market cap 7.09%
Second Best
Industrial
$752.9K
$658.8K – $878.4K
NOI $52,704 @ 7.0% cap · market cap 3.51%
Theoretical Best
Multifamily LT 5
$65.10M
$56.96M – $75.95M
NOI $4,557,097 @ 7.0% cap · market cap 303.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Demographics for 99654, AK
40,726
Population
17,006
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
95%
High-School Grad
113.6 sq mi
ZIP Area
359
Density / Sq Mi
$93,739
Median Household Income
$53,748
Median Earnings
$1,233
Median Rent
$342,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Auto shop - Multi-building RV sales, parts, and repair property on two fenced, gated lots with separate electric and natural gas meters.
Where is this auto shop located?
The property is located at 7061 E Blue Lupine Dr Wasilla, 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: Established statewide business: Valley RV Center, including sales office for new and consigned RVs.; Includes RV parts and accessories retail plus a repair center for all classes of recreational vehicles.; Sale includes 2 lots with 3 buildings, along with parts center retail inventory and repair center parts.
