Industrial Yard with Shop and
7519 N Glenn Hwy Palmer, AK 99645
7519 N Glenn Hwy, Palmer, AK, 99645
$685,000
For Sale
$685,000
Secure industrial property includes a 40' x 70' shop, 10' x 24' office space, and gated yard with utility systems.
Property Size3,040 SF
Lot Size6.40 Acres
Price / SF$225.33
Days on Market384
Property Features for 7519 N Glenn Hwy
General Information
- Standard status
- Active
- Size
- 3,040 SF
- Lot size
- 6.40 Acres
Listing agency
Real Broker Wasilla
(907) 982-5476
Listed by
Heidi M Whitworth
(907) 982-5476
Source
Exprealty
Added: Jul 3, 2025 Updated: Jul 21 at 1:25AM Checked: Jul 21 at 1:25AM
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 Real Broker Wasilla
Investment Insights
Based on property information with market context.
This secure industrial property on 6.4 acres includes a 40' x 70' shop and a 10' x 24' office space, designed to support fabrication, construction, and heavy equipment operations. The site includes a gated entry with bright lights, along with ample parking and yard space to support ongoing use and expansion. Underground electrical has been installed for future buildings, and the property also includes on-site septic and a water system.
The property is described as just outside of Palmer, with access noted as being minutes from downtown Palmer.
Additional purchase options are mentioned, including equipment fabrication/fuel systems and other company equipment and tools already onsite, and the property is available now.
The property is described as just outside of Palmer, with access noted as being minutes from downtown Palmer.
Additional purchase options are mentioned, including equipment fabrication/fuel systems and other company equipment and tools already onsite, and the property is available now.
Key Highlights
- 6.4‑acre secure commercial property just outside of Palmer, minutes from downtown Palmer
- 40' x 70' shop plus 10' x 24' office space
- Gated property with bright lights for security
Local Financial Insights For Flex RnD
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 | $54.7k | $18.00 |
| − Vacancy | −$2.7k | −$0.90 |
| EGI | $52.0k | $17.10 |
| − OpEx | −$18.2k | −$5.98 |
| NOI | $33.8k | $11.11 |
3,040 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$482.7K
$422.4K – $563.2K
NOI $33,790 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$353.0K
$308.8K – $411.8K
NOI $24,707 @ 7.0% cap · market cap 3.61%
Theoretical Best
Multifamily LT 5
$22.47M
$19.66M – $26.22M
NOI $1,573,197 @ 7.0% cap · market cap 229.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alaska Foam Pro
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Secure industrial property includes a 40' x 70' shop, 10' x 24' office space, and gated yard with utility systems.
Where is this flex space located?
The property is located at 7519 N Glenn Hwy Palmer, AK.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 6.4‑acre secure commercial property just outside of Palmer, minutes from downtown Palmer; 40' x 70' shop plus 10' x 24' office space; Gated property with bright lights for security
