8103 Old Seward HwyAnchorage, AK 99518

Property Details for 8103 Old Seward Hwy

Year built

2016

Construction

WOOD FRAME

Lot size

0.77 AC

Property size (Sq ft)

29,637 SF

Zone code

B3 GENERAL BUSINESS

Property type

Retail properties

Property subtype

Other automotive properties

APN

014-202-39-000

APU

1420239000

Description

This exceptional Class A industrial property, located at 8103 Old Seward Highway in Anchorage, Alaska, presents a unique owner-user opportunity. The 29,637 square foot building, constructed in 2016, sits on a substantial 68,880 square foot lot and boasts a 7.93% pro-forma cap rate and a $551,248 pro-forma NOI. The property features a flexible layout encompassing approximately 4,000 square feet of office space and 25,000 square feet of showroom/warehouse space, ideal for a variety of businesses. High-end features include 28-foot ceilings, in-floor radiant heat, an elevator servicing the second-floor offices offering stunning views, and state-of-the-art mechanical systems. The building is currently vacant and zoned B3. Ample paved and fenced parking is provided across multiple parcels, ensuring convenient access for employees and clients. The asking price is $6,950,000, translating to $234.50 per square foot. This prime location offers excellent visibility and accessibility within a high-traffic commercial area, making it an ideal investment for businesses seeking a prominent presence in Anchorage. The property is a single building with no ground lease.

• CAP approach

  CAP return

  Valuation

  6%

  $11,751,371

  6.5%

  $10,847,420

  7%

  $10,072,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,702,316

  Geo Method

  $14,382,884

• Alternative Use

  Use

  Valuation

  Residential

  $9,150,204

  Hospitality

  $8,381,538

  Educational

  $6,973,342

  Medical

  $7,213,165

  Retail

  $10,847,420

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1474

Longitude

-149.863

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.