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Warehouse Unit with Mezzanine
For Sale
$425,000

8479 Toloff St, Anchorage, AK 99507

Flexible warehouse space combines substantial storage capacity with a divided workshop area and overhead door access.

Property Size1,600 SF
Price / SF$265.63
Days on Market73

Property Features for 8479 Toloff St

General Information

Standard status Active
Size 1,600 SF

Warehouse & Industrial

Clear Height 20 ft
Mezzanine 600 SF
Drive-In Doors 2
Power 60 amps
Sprinkler System Yes

Building Details

Year Built 2011
Listing Agency: Coldwell Banker Endeavor Realty
Listed By: Lori O'Banion
Source: Griggrealty
Added: Aug 4 Changed: Oct 8 Last Checked: Oct 15 at 3:51AM

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 Coldwell Banker Endeavor Realty

Investment Insights

Based on property information with market context.

This 1,600-square-foot warehouse unit, built in 2011, offers a practical combination of storage and work areas. The approximately 32-by-50-foot layout includes 20-foot ceilings, two overhead doors, a side man door, and a carpeted 20-by-30-foot mezzanine reached by stairs. The divided configuration can accommodate separate storage and workshop areas.

Building systems include a 60-amp electrical panel, multiple 110V/240V outlets, a hose bib, floor drains, a sprinkler system, and a fan. One overhead door measures 16 feet wide by 14 feet tall, while the second measures 10.5 feet wide by 14 feet tall. A new 145K unit heater adds heating capacity. The unit is one of four at Toloff Street in Anchorage.

Key Highlights

  • 1,600 SF warehouse unit with approximately 32' X 50' dimensions
  • 20' ceilings and two overhead doors measuring 16'Wx14'T and 10.5'Wx14'T
  • Carpeted 20'x 30' mezzanine with stair access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,074
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,480 $381.5K
Cap Rate 7%
$272,486 $272.5K
Cap Rate 9%
$211,933 $211.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$24.0K $15.00/SF
− Vacancy
−$1.6K −$0.98/SF
EGI
$22.4K $14.03/SF
− OpEx
−$3.4K −$2.10/SF
NOI
$19.1K $11.92/SF
Area
Anchorage, AK
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,480
Cap Rate 7%
$272,486
Cap Rate 9%
$211,933

Alternative Uses

Best Use
Warehouse
$272.5K
$238.4K – $317.9K (±1% cap)
NOI $19,074 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$434.5K
$380.2K – $506.9K (±1% cap)
NOI $30,413 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

337w Avenue Hostel Hotel & Motel GarageTown USA: Anchorage Storage Facility

Lease Details

20 ft
Clear height
2
Drive-in doors
Yes
Sprinkler system

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Flexible warehouse space combines substantial storage capacity with a divided workshop area and overhead door access.
Where is this warehouse located?
The property is located at 8479 Toloff St Anchorage, AK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,600 SF warehouse unit with approximately 32' X 50' dimensions; 20' ceilings and two overhead doors measuring 16'Wx14'T and 10.5'Wx14'T; Carpeted 20'x 30' mezzanine with stair access
More about this property
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