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Property profile & analytics
FOR SALE
Grocery and convenience stores

16500 E Marilyn Dr Palmer, AK 99645

1.22 ac lot Built 1984
Individually Owned 4-yr Hold Free & Clear
Property ID
US02-0361600
Property summary
AI-generated overview

This exceptional 4,000 square foot property, situated on a one-acre lot at 16500 Marilyn Drive in Palmer, AK, presents a unique blend of residential and commercial possibilities. The existing 1,000 square foot living area offers comfortable living, with significant potential for expansion. Imagine enlarging the existing space or converting the remaining 3,000 square feet into one or two additional dwelling units, creating a multi-family income stream. Alternatively, the expansive additional space is perfectly suited for a variety of commercial ventures. Envision a drive-thru coffee shop, a cannabis retail outlet, a small restaurant, a hair or nail salon, office space, a storage facility, a gas station, or a convenience store – the possibilities are virtually limitless. The property's prime location in the heart of Alaska's recreational landscape, near Jim Creek, the Butte trailhead, and West Butte Park, ensures high visibility and accessibility. This versatile property offers an unparalleled opportunity to combine work and leisure in a thriving Alaskan community. The asking price is $619,000. This is a rare chance to acquire a substantial property with immense potential for growth and profitability. Don't miss this exceptional opportunity to own a piece of Alaska's vibrant commercial landscape.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Lot 1.22 ac (53,143 SF)
Zoning code 1
APN 2883B01L003
UPID US02-0361600
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
  • Alaska International Market Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stanislav Fedoseyev · 4 yrs held
Stanislav Fedoseyev
since 2022
6 recorded transactions
2022
Price N/A
2011
Price N/A
2010
$214,639
2009
Price N/A
2005
Price N/A
2005
Price N/A
Zoning & alternative use
1 · Palmer, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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