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Property profile & analytics
OFF-MARKET
Land

7570 Parks Hwy Wasilla, AK 99623

23.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 23.5-acre commercial land parcel presents a remarkable development opportunity in Wasilla, Alaska. Strategically located at 7570 W Parks Highway, this property boasts significant frontage along a high-traffic corridor, averaging 19,400 vehicles daily. The site is conveniently situated midway between Wasilla and Big Lake, offering excellent accessibility and visibility. Significant improvements have already been completed, including land clearing, gravel fill, and the recent upgrade of the Parks Highway with new traffic signals at the Marigold Drive intersection. Zoned for commercial use (C-Commercial, per Wasilla/Houston city regulations), this property is ready for immediate development. The asking price is $4,600,000. This represents a compelling investment in a rapidly growing area with high potential for return. The property's size and location make it ideal for a variety of commercial ventures, capitalizing on the substantial daily traffic volume. The completed road improvements further enhance the property's appeal and accessibility. This is a rare opportunity to acquire a large, well-prepared commercial lot in a prime location. The property is located in Matanuska-Susitna County, Alaska, with a 99623 zip code.

Property profile
Verified
Property type Land
Lot 23.5 ac (1,023,660 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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