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    201 56Th Ave Anchorage, AK 99518

    Sponsored
    For Sale
    $7,000,000

    Prime Anchorage warehouse & office space. Excellent investment opportunity.

    Property size:
    38,371 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story commercial property, located at 201 E 56th Ave, Anchorage, AK 99518, presents a unique investment opportunity. The 38,371 square foot building sits on a substantial 74,800 square foot lot and is zoned I-1. Built in 1983, the property features a blend of office and warehouse space, totaling 34,040 square feet of office space and 4,331 square feet of warehouse space. The current tenant occupies the entire facility under an absolute NNN lease, eliminating landlord maintenance responsibilities. This provides a strong passive income stream for investors, while also offering the flexibility for a potential owner-user to occupy a portion or all of the space. The property boasts 93 parking spaces and is situated in Anchorage's Midtown industrial district. The asking price is $7,000,000, translating to $182.43 per square foot. Further details are available upon request. A non-disclosure agreement is required for access to additional information.

    Property Features for 201 56Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    38,371 SF

    Building Details

    Year Built
    1983
    Stories
    3

    HighLights

    • $7,000,000 asking price.
    • 38,371 square foot building, including 34,040 square feet of office space and 4,331 square feet of warehouse space.
    • Located on a 74,800 square foot lot in Anchorage, Alaska.
    • Absolute NNN lease in place.
    • Single‑tenant occupancy.
    • Three‑story building constructed in 1983.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alaska Telecom Association Association / Organization TelAlaska, Inc. Internet Service Provider Mukluk Telephone Co Telephone Company Quintillion Global Telecommunications Service Provider Webdesign Website Designer

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.8800742
    Latitude
    61.1704366

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    FAQs

    What type of property is this?
    Distribution property - Prime Anchorage warehouse & office space. Excellent investment opportunity.
    Where is this distribution property located?
    The property is located at 201 56Th Ave Anchorage, AK.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: $7,000,000 asking price.; 38,371 square foot building, including 34,040 square feet of office space and 4,331 square feet of warehouse space.; Located on a 74,800 square foot lot in Anchorage, Alaska.
    Request Owner's contact information
    201 56Th Ave Anchorage, AK 99518
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    Anchorage, AK 99518
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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
    201 56Th Ave Anchorage, AK 99518
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