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    3462 Big Lake Rd Wasilla, AK 99652

    For Sale
    $1,300,000

    6,700 SF Mixed-Use Building in Alaska

    Property size:
    6,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 6,700 square foot, Class B mixed-use building, constructed in 2007, presents a compelling investment opportunity. Located at 3462 S Big Lake Rd, Big Lake, AK 99652, this stabilized property boasts a thriving laundromat with showers and tanning facilities on the ground floor, generating consistent income. Upstairs, four apartments provide additional rental revenue streams, diversifying the investment portfolio. The two-story building sits on a single lot and offers high visibility and accessibility due to its prime location in the bustling Big Lake area. This property is ideal for investors seeking a retail or free-standing building with multiple income sources. The asking price is $1,300,000. The property is categorized as a multifamily and retail investment, representing a strong foundation in a thriving commercial district. This is a rare opportunity to acquire a well-established, income-producing asset in a desirable Alaskan location. The property's size and diverse income streams make it an attractive investment for both seasoned and new investors.

    Property Features for 3462 Big Lake Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,700 SF
    Class
    B

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    HighLights

    • 6,700 SF Class B mixed‑use building built in 2007.
    • Ground floor laundromat with showers and tanning beds generates consistent income.
    • Four apartments upstairs provide additional rental revenue.
    • Prime Big Lake location offers high visibility and accessibility.
    • Ideal for investors seeking a retail or free‑standing multifamily investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakeside Laundromat Laundromat

    Map

    City
    Wasilla
    County
    Matanuska-Susitna
    State
    Alaska
    Longitude
    -149.81722229328
    Latitude
    61.543116714923

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    FAQs

    What type of property is this?
    Individual retail property - 6,700 SF Mixed-Use Building in Alaska
    Where is this individual retail property located?
    The property is located at 3462 Big Lake Rd Wasilla, AK.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 6,700 SF Class B mixed-use building built in 2007.; Ground floor laundromat with showers and tanning beds generates consistent income.; Four apartments upstairs provide additional rental revenue.
    Request Owner's contact information
    3462 Big Lake Rd Wasilla, AK 99652
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    Wasilla, AK 99652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3462 Big Lake Rd Wasilla, AK 99652
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