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    OFF-MARKET
    Car washes

    11115 Old Eagle Riv Rd, Eagle River, AK 99577-8073

    5,104 SF 0.18 ac lot Built 1985
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US02-0137420
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • River city powersports Auto Parts Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kay Property Group LLC · 3 yrs held
    Kay Property Group LLC
    since 2022
    Last sale
    $368,168
    7 recorded transactions
    2025
    2022
    $368,168
    2019
    2017
    2017
    2017
    2013
    Zoning & alternative use
    CE B3 · Eagle River, AK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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