Industrial Yard with Shop and
For Sale
$650,000
7519 N Glenn Hwy, Palmer, AK 99645
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$213.82
Days on Market502
Property Features for 7519 N Glenn Hwy
General Information
Standard status
Active
Size
3,040 SF
Lot size
6.40 Acres
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Office Units
1
Building Details
Year Built
2017
Listing Agency:
Real Broker Wasilla
Listed By:
Heidi M Whitworth
(907) 982-5476
Source:
Viewanchoragehouses
Added: Jun 5, 2025
Changed: Oct 1
Last Checked: Oct 19 at 7:20AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,790
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,800
$675.8K
Cap Rate 7%
$482,714
$482.7K
Cap Rate 9%
$375,444
$375.4K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$54.7K $18.00/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$52.0K $17.10/SF
− OpEx
−$18.2K −$5.98/SF
NOI
$33.8K $11.11/SF
Area
Matanuska-Susitna County, AK
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,800
Cap Rate 7%
$482,714
Cap Rate 9%
$375,444
Alternative Uses
Best Use
Flex RnD
$482.7K
$422.4K – $563.2K
NOI $33,790 @ 7.0% cap · market cap 5.20%
Second Best
Warehouse
$353.0K
$308.8K – $411.8K
NOI $24,707 @ 7.0% cap · market cap 3.80%
Theoretical Best
Multifamily LT 5
$22.47M
$19.66M – $26.22M
NOI $1,573,197 @ 7.0% cap · market cap 242.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Demographics for 99645, AK
28,818
Population
12,021
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
586.2 sq mi
ZIP Area
49
Density / Sq Mi
$97,069
Median Household Income
$51,710
Median Earnings
$1,309
Median Rent
$338,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
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 $650,000.
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
