135 32Nd Ave Fairbanks, AK 99701
This 3,700-square-foot single-tenant property, located at 135 32nd Ave, Fairbanks, AK 99701, offers exceptional flexibility. Built in 1976 and completely renovated in 2024, this building boasts a 14-foot ceiling height and is situated on Cushman Street, in the South Cushman submarket of Fairbanks North Star Borough. The property features multiple entrances, including a shop door, and multiple bathrooms. Currently, the interior is partially divided into two distinct areas, allowing for customization to suit various business needs. The space is ideal for creative office, executive office, traditional office, manufacturing, warehouse, distribution, or R&D uses. The property includes 15 parking spaces in a newly paved lot, and all utilities are plumbed in. The building is zoned for General Commercial use (APN: 0698461). Enterprise Rent-A-Car is located at the front of the building. Significant development plans are underway to revitalize the area south of 32nd Avenue east of Cushman Street. The asking price is $3 per square foot, NNN. This is a rare opportunity to secure a fully renovated, versatile space in a rapidly developing area of Fairbanks.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.