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Property profile & analytics
OFF-MARKET
Mixed-use properties

1007 5 Ave Nome, AK 99762

7,000 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7,000 square foot mixed-use triplex located at 1007 5th Avenue in Nome, Alaska, zip code 99762. Situated on a sizable lot extending from street to alley, the property boasts convenient access to all city services. Currently uninhabitable, this triplex presents a significant renovation project for a discerning investor. The asking price is a firm $155,000, and financing will not be available; cash buyers only. The property is being sold "as is," reflecting its current condition. Its prime location near the hospital offers considerable potential for future development or rental income once renovations are complete. The substantial lot size provides ample space for potential expansion or additional development. Given its location and size, this property represents a unique opportunity for a buyer seeking a hands-on project with significant upside potential in the Nome market. The property's mixed-use designation allows for flexibility in its future use, catering to a variety of potential business and residential applications. Serious inquiries only.

Property profile
Verified
Property type Mixed-use properties
Total area 7,000 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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