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    1950 Gambell St Anchorage, AK 99501
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    Property profile & analytics

    1950 Gambell St Anchorage, AK 99501


    • Automotive properties
    • 69,591 SF
    • 6.80 lot acres
    Midtown Anchorage Automotive Property For Sale
    $20,000,000
    90,883 SF

    Midtown Anchorage Automotive Property

    90,883 SF building on 8 acres in Midtown Anchorage.

    1950 Gambell Street, Anchorage, AK 99501
    View Listing
    Property ID
    US02-0097953
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kendall Ford of Anchorage / Car Dealership / Auto Repair Shop
    • Kendall Ford Lincoln of Anchorage Service - Lincoln / Auto Repair Shop
    • Kendall Ford Lincoln of Anchorage Lincoln / Car Dealership
    • Quick Lane at Kendall Ford Lincoln of Anchorage / Auto Repair Shop
    • Kendall Ford of Anchorage Service and Parts / Auto Repair Shop

    Property Details for 1950 Gambell St

    Year built
    1974
    Lot size
    6.80 lot acres
    Property size
    69,591 SF
    Zone code
    I1 LIGHT INDUSTRIAL
    Property type
    Automotive properties
    APN
    002-172-16-000
    APU
    217216000

    Description

    This exceptional commercial property presents a rare investment opportunity in the heart of Midtown Anchorage. Spanning eight acres of prime real estate, this expansive site boasts a substantial 90,883 square feet of combined building area. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to the Ben Boeke and Sullivan Arenas, ensuring high traffic and prominent exposure. The existing building and its infrastructure are meticulously maintained and in excellent condition, reflecting a commitment to consistent upkeep. Currently occupied by a long-standing tenant, Kendall Ford Dealership, this property offers a stable income stream and significant potential for future development or repositioning. The property's size and location make it ideal for a variety of commercial uses, presenting a compelling opportunity for investors seeking a high-value asset in a thriving Anchorage market. The substantial building area allows for flexibility in adapting the space to suit diverse business needs. Given the prime location and the existing infrastructure, this property represents a unique chance to acquire a significant commercial holding in a highly desirable area of Anchorage. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers. Please note that direct contact with the current tenant is not permitted.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,725,000
      Current use
      RESTAURANT
      $5,700,000
      Change: +21% Conversion: Difficult
      MEDICAL BUILDING
      $5,680,000
      Change: +20% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,315,000
      Change: +13% Conversion: Difficult
      RETAIL STORES
      $4,965,000
      Change: +5% Conversion: Difficult
      OFFICE BUILDING
      $4,810,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.87
    Latitude
    61.2029
    CBSA code
    11260
    CBSA name
    ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $174,993
    $3,801,600
    $6,474,000
    $10,275,600
    -
    $3,801,600
    $6,474,000
    $10,275,600
    View Listing
    More about this property
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