Heavy Truck Machine Shop
For Sale
$8,950,000
8001 Petersburg St, Anchorage, AK 99507
Heavy truck machine shop with a large garage, office and retail space, and drive-in/drive-through access to a secured yard.
Property Size33,000 SF
Lot Size4.50 Acres
Price / SF$271.21
Days on Market89
Property Features for 8001 Petersburg St
General Information
Standard status
Active
Size
33,000 SF
Lot size
4.50 Acres
Zoning
I-1/I-2
Warehouse & Industrial
Clear Height
25 ft
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Amenities
private offices
conference area
kitchenette
front reception and waiting area
Building Details
Year Built
1984
Listing Agency:
SSS Commercial Real Estate
Listed By:
Stewart Smith · License #6724
(907) 727-8686
Source:
Kristancole
Added: Jul 24
Changed: Oct 16
Last Checked: Oct 7 at 3:27PM
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 SSS Commercial Real Estate
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Investment Insights
Based on property information with market context.
This dual-purpose heavy truck machine shop is built around a 22,000-square-foot garage designed for large-scale work. The facility includes 25-foot ceilings, overhead cranes, heavy power capabilities, and wash bays, along with paved drive-in and drive-through access into a secured, fenced yard. A total of 10,000 square feet of office and retail space supports private offices, a conference area, a kitchenette, and a front reception and waiting area.
The property sits on 4.5 acres and is described as having I-1 and I-2 mixed zoning for flexibility.
With a combined total of 32,000 square feet, the site offers an integrated setup for equipment-intensive operations alongside customer-facing and administrative space.
The property sits on 4.5 acres and is described as having I-1 and I-2 mixed zoning for flexibility.
With a combined total of 32,000 square feet, the site offers an integrated setup for equipment-intensive operations alongside customer-facing and administrative space.
Key Highlights
- 4.5‑acre heavy truck machine shop with 32,000 sq. ft. total building area
- 22,000 sq. ft. garage for large‑scale work with 25‑foot ceilings and overhead cranes
- Garage includes heavy power capabilities, plus wash bays for equipment/vehicle cleaning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$374,774
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,495,480
$7.5M
Cap Rate 7%
$5,353,914
$5.4M
Cap Rate 9%
$4,164,156
$4.2M
Market Conditions
NOI Build-Up for 33,000 SF
Gross rent
$633.6K $19.20/SF
− Vacancy
−$57.0K −$1.73/SF
EGI
$576.6K $17.47/SF
− OpEx
−$201.8K −$6.12/SF
NOI
$374.8K $11.36/SF
Area
Anchorage, AK
Vacancy
9.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,495,480
Cap Rate 7%
$5,353,914
Cap Rate 9%
$4,164,156
Alternative Uses
Best Use
Flex RnD
$5.35M
$4.68M – $6.25M
NOI $374,774 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$4.97M
$4.35M – $5.80M
NOI $348,025 @ 7.0% cap · market cap 3.89%
Theoretical Best
Specialty Retail
$8.96M
$7.84M – $10.45M
NOI $627,264 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
25 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Demographics for 99507, AK
38,199
Population
14,552
Households
2.6
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
808
Density / Sq Mi
$107,347
Median Household Income
$55,197
Median Earnings
$1,546
Median Rent
$371,200
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 - Heavy truck machine shop with a large garage, office and retail space, and drive-in/drive-through access to a secured yard.
Where is this flex space located?
The property is located at 8001 Petersburg St Anchorage, AK.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: 4.5‑acre heavy truck machine shop with 32,000 sq. ft. total building area; 22,000 sq. ft. garage for large‑scale work with 25‑foot ceilings and overhead cranes; Garage includes heavy power capabilities, plus wash bays for equipment/vehicle cleaning
