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Property profile & analytics
OFF-MARKET
Land

7-11B Yorktown Dr Ketchikan, AK 99901

1.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.66-acre land parcel, identified as Lots 7-11B N Yorktown Drive in Ketchikan, Alaska, presents a unique investment opportunity. Priced at $575,000, this property is zoned for high-density residential development, making it ideal for multi-family housing projects. Significant site work has already been completed, streamlining the development process and reducing upfront costs. The location within Ketchikan city limits offers convenient access to essential utilities, including water and sewer. Its proximity to schools, a bus line, and a recreation center enhances its appeal and potential for attracting residents. The property's address is Lots 7-11B N Yorktown Dr, Ketchikan, AK 99901, situated within the Ketchikan Gateway Borough (County 565). This strategic location and the completed site work combine to create a compelling opportunity to address the current housing shortage in the area while generating significant returns. The property's size and zoning regulations allow for substantial development potential, making it an attractive proposition for both experienced developers and investors seeking a high-yield project in a desirable Alaskan location. Contact us today to learn more about this exceptional development opportunity.

Property profile
Verified
Property type Land
Lot 1.66 ac (72,310 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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