Property profile

11115 Old Eagle Riv Rd Eagle River, AK 99577

OFF-MARKET
Car washes
Property ID
US02-0137420
5,104 SF 0.18 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This 5,401 square foot warehouse, situated on a 0.33-acre lot (14,300 sq ft) in Anchorage, Alaska, presents a compelling value-add investment opportunity. Located at 11115 Old Eagle River Rd, Anchorage, AK 99577, this single-story building boasts a desirable CE-B3 zoning, ideal for a variety of commercial uses. Currently vacant, the property offers three units, each priced at $160,000, totaling an asking price of $480,000 ($88.87/sq ft). The property features three auto stalls with pits and three-phase power. While the building has no loading docks or dock-high doors, its location on Old Eagle River Road and proximity to Old Glenn Highway ensures high visibility and robust traffic counts. The property is being sold AS-IS, WHERE-IS, with the seller not entertaining any repairs or improvements before closing. All information should be verified by the buyer for their intended use. The property's APN is 05018125000. The property is available for occupancy on June 24, 2024.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1985
Total area 5,104 SF
Lot 0.18 ac (7,800 SF)
Zoning code CE B3
APN 050-181-25-000
UPID US02-0137420

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store (Bike/Boat/Book/etc) Store

Location

11115 Old Eagle Riv Rd Eagle River, AK 99577-8073
Eagle River metro Census 202 ANCHORAGE, AK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2022
Last sale
$368,168
7 recorded transactions
2025
Price N/A
2022
$368,168
2019
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2013
Price N/A

Zoning & alternative use

CE B3 · Eagle River, AK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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