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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5031 Mayflower Ln Wasilla, AK 99654

3,550 SF 1 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a six-unit commercial condo complex located at 5031 E Mayflower Ln, Wasilla, AK 99654. Priced at $875,000, this 3,550 square foot property offers a compelling blend of existing income and potential for expansion. Built in 1985, the single-story building sits on a one-acre lot and is classified as Class C. Currently, three of the six units are leased, providing immediate cash flow for an owner-occupier seeking to utilize the remaining three vacant units. The property boasts high traffic counts and excellent visibility, ensuring strong potential for tenant acquisition and occupancy. The existing tenants contribute to a stable income stream. The property is zoned UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston, offering flexibility for various commercial uses. An active HOA association manages the complex. This presents a unique chance to acquire a well-situated commercial property with immediate income potential and the possibility of adding six more units, significantly increasing the return on investment. The property's location in Wasilla, Alaska provides access to a growing market and strong community presence. This is an ideal opportunity for an owner-user seeking to establish or expand their business while benefiting from rental income.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 3,550 SF
Lot 1 ac (43,560 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
Current use
Occupant on record · Public records
  • Era Lash Studio Hair Salon
  • 123 Look At Me Dance Boutique Dance Store
  • Snowbird Lash Co. Hair Salon
  • Aeri Aesthetics Hair Salon Nail Salon
  • Bark N Purr Avenue Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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