1950 Gambell St, Anchorage, AK 99501-5328
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.
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Kendall Ford of Anchorage Car Dealership Auto Repair Shop
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Kendall Ford Lincoln of Anchorage Service - Lincoln Auto Repair Shop
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Kendall Ford Lincoln of Anchorage Lincoln Car Dealership
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Quick Lane at Kendall Ford Lincoln of Anchorage Auto Repair Shop
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Kendall Ford of Anchorage Service and Parts Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 LIGHT INDUSTRIAL · Anchorage, AKAnchorage. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.