Mixed-Use Property with Upper-Level
8681 W Gus's Court, Wasilla, AK 99623
For Sale
New
$450,000
Commercial zoning and a one-bedroom upper-level living area complement the property's commercial space.
Property Size3,200 SF
Price / SF$140.63
Days on Market2
Property Features for 8681 W Gus's Court
General Information
Standard status
Size
Zoning
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Amenities
1.21
6
Tax Authority
3200
Building Details
Building Size
Year Built
Stories
Listing Agency:
Real Broker Alaska
(907) 312-2438
Listed By:
Chanel Ebert
Source:
Svrealtyak
Added: Nov 10
Last Checked: Nov 10 at 2:09PM
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 Alaska
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1996, this 3,200-square-foot mixed-use property includes commercial space and an upper-level one-bedroom living area. The property was previously used for pet grooming and sits on a level lot.
Zoning is C - Commercial (re: Cities Wasilla/Houston).
Zoning is C - Commercial (re: Cities Wasilla/Houston).
Key Highlights
- 3,200‑square‑foot mixed‑use property
- Upper level includes a one‑bedroom living area
- C - Commercial (re: Cities Wasilla/Houston) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,114
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,280
$522.3K
Cap Rate 7%
$373,057
$373.1K
Cap Rate 9%
$290,156
$290.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$44.9K $14.04/SF
− Vacancy
−$3.1K −$0.98/SF
EGI
$41.8K $13.06/SF
− OpEx
−$15.7K −$4.90/SF
NOI
$26.1K $8.16/SF
Area
Matanuska-Susitna County, AK
Vacancy
7.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,280
Cap Rate 7%
$373,057
Cap Rate 9%
$290,156
Alternative Uses
Best Use
Mixed Use
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$882.1K
$771.8K – $1.03M
NOI $61,747 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 99623, AK
23,878
Population
9,084
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
92%
High-School Grad
258.5 sq mi
ZIP Area
92
Density / Sq Mi
$87,606
Median Household Income
$49,110
Median Earnings
$1,558
Median Rent
$294,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and a one-bedroom upper-level living area complement the property's commercial space.
Where is this mixed-use property located?
The property is located at 8681 W Gus's Court Wasilla, AK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,200‑square‑foot mixed‑use property; Upper level includes a one‑bedroom living area; C - Commercial (re: Cities Wasilla/Houston) zoning
