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Property profile & analytics
OFF-MARKET
Commercial real estate

L2b1 Nome-Teller Hwy Nome, AK 99762

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.29-acre commercial lot presents a remarkable opportunity for development in Nome, Alaska. Boasting an impressive 498 feet of frontage along the Nome-Teller Highway, this property enjoys unparalleled visibility and accessibility. Its strategic location ensures high traffic volume and exposure, ideal for a wide range of commercial ventures. All essential utilities are readily available on-site, including water, sewer, electricity, and telephone service, simplifying the development process and minimizing upfront costs. The property is zoned for commercial use, as detailed in Title 18 of the Nome Zoning Code, which aims to foster a diverse mix of businesses to enhance the community. This zoning allows for considerable flexibility in development plans, catering to various commercial needs. The seller, Alaska Gold Company LLC, a subsidiary of Bering Straits Native Corporation, will give preferential consideration to offers from Bering Straits Native Corporation shareholders. This presents a unique advantage for eligible buyers. All provided information is believed to be accurate, however, potential buyers are strongly encouraged to independently verify all details before making a purchase decision. This is a rare chance to acquire a highly desirable commercial property in a thriving Alaskan community. Don't miss this exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
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
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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