Flex Warehouse with
8103- 8133 Old Seward Highway Anchorage, AK 99518
8103- 8133 Old Seward Highway, Anchorage, AK, 99518
$7,200,000
For Sale
$7,200,000
Two-building industrial property includes showroom, warehouse, office space and a single-story storefront.
Property Size29,175 SF
Price / SF$246.79
Days on Market500
Property Features for 8103- 8133 Old Seward Highway
General Information
- Standard status
- Active
- Size
- 29,175 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2016
Listing agency
RE/MAX Dynamic Properties
(907) 350-6446
Listed by
Ralph Matukonis · License #6720
(907) 350-6446
Source
Xome
Added: Mar 9, 2025 Updated: Jul 21 at 3:08PM Checked: Jul 21 at 3:08PM
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
Investment Insights
Based on property information with market context.
The main building totals 24,135 square feet and is configured with showroom, warehouse, and office areas. A second building provides 5,035 square feet of single-story storefront space.
The property sits on a 33,600 square foot lot for the main building and a 17,640 square foot lot for the storefront building. Combined, the two lots total 25,000+ square feet and offer 250 linear feet of frontage on Old Seward Hwy. The combined property is zoned B-3.
This setup supports multiple uses within a single site, with dedicated showroom and office space paired with warehouse operations and a separate storefront building.
The property sits on a 33,600 square foot lot for the main building and a 17,640 square foot lot for the storefront building. Combined, the two lots total 25,000+ square feet and offer 250 linear feet of frontage on Old Seward Hwy. The combined property is zoned B-3.
This setup supports multiple uses within a single site, with dedicated showroom and office space paired with warehouse operations and a separate storefront building.
Key Highlights
- Two‑building industrial property with 24,135 SF main building plus 5,035 SF second building
- Main building configured as showroom, warehouse, and office space
- Second building is a single‑story storefront
Local Financial Insights For Retail
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 | $735.2k | $25.20 |
| − Vacancy | −$33.1k | −$1.13 |
| EGI | $702.1k | $24.07 |
| − OpEx | −$210.6k | −$7.22 |
| NOI | $491.5k | $16.85 |
29,175 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.02M
$6.14M – $8.19M
NOI $491,488 @ 7.0% cap · market cap 6.83%
Second Best
Warehouse
$4.97M
$4.35M – $5.80M
NOI $347,802 @ 7.0% cap · market cap 4.83%
Theoretical Best
Specialty Retail
$7.92M
$6.93M – $9.24M
NOI $554,558 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-building industrial property includes showroom, warehouse, office space and a single-story storefront.
Where is this flex space located?
The property is located at 8103- 8133 Old Seward Highway Anchorage, AK.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Two‑building industrial property with 24,135 SF main building plus 5,035 SF second building; Main building configured as showroom, warehouse, and office space; Second building is a single‑story storefront
