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    948 Elizabeth St Fairbanks, AK 99709

    Sponsored
    For Sale
    $997,000

    10,400 SF Warehouse, 1.17 Acres

    Property size:
    10,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 10,400-square-foot warehouse, built in 2005, presents a compelling investment opportunity in Fairbanks, Alaska. Located at 948 Elizabeth Street, this single-story building sits on a generous 1.17-acre lot, offering ample space and potential for expansion. The property boasts a significant 35-foot ceiling height, providing versatile storage and operational capabilities. The warehouse is equipped with two grade-level roll-up doors for convenient loading and unloading. Further enhancing its functionality, the warehouse features a sprinkler system. The property's corner lot location is complemented by a fenced yard and two gates, ensuring security and controlled access. The asking price is $997,000, translating to $95.87 per square foot. The substantial lot size and high ceilings present the possibility of adding a mezzanine level, significantly increasing usable space and potentially enhancing the property's value. This property is ideal for a variety of industrial uses and represents a strong investment in a desirable Fairbanks location, with the zip code being 99709.

    Property Features for 948 Elizabeth St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,400 SF
    Lot Size
    50,965 SF

    Building Details

    Year Built
    2005
    Stories
    1

    HighLights

    • Sale Price: $995,000
    • Available Space: 10,400 square feet
    • Lot Size: 1.17 acres
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Fairbanks
    County
    Fairbanks North Star
    State
    Alaska
    Longitude
    -147.7695138
    Latitude
    64.8538201

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    FAQs

    What type of property is this?
    Distribution property - 10,400 SF Warehouse, 1.17 Acres
    Where is this distribution property located?
    The property is located at 948 Elizabeth St Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $997,000.
    What are key features of this property?
    This property features: Sale Price: $995,000; Available Space: 10,400 square feet; Lot Size: 1.17 acres
    Request Owner's contact information
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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
    948 Elizabeth St Fairbanks, AK 99709
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