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Property profile & analytics
OFF-MARKET
Warehouses

21229 Gorsuch St Chugiak, AK 99567-5746

5,701 SF 0.86 ac lot Built 1979
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US02-0120978
Property summary
AI-generated overview

This unique 5,701 square foot property in Chugiak, Alaska, sits on a 0.86-acre lot and offers a versatile blend of commercial and residential space. Ideally located on the outskirts of Anchorage, this property presents an exceptional opportunity for a variety of uses. The main feature is two large, interconnected warehouses, each equipped with a convenient bay door, perfect for storage, manufacturing, or a workshop. The property also includes a comfortable apartment, providing convenient living quarters on-site. This setup is ideal for a business owner seeking a live-work arrangement, an artist needing ample studio space, or anyone requiring substantial storage capacity. The property's solar power system, when operational, feeds back into the grid, offering potential cost savings and environmental benefits. The property's prime Chugiak location provides easy access to Anchorage while maintaining a peaceful, suburban setting. This adaptable space is limited only by your imagination and offers a rare combination of commercial and residential functionality. The asking price is $395,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Total area 5,701 SF
Lot 0.86 ac (37,302 SF)
Zoning code CER5SL
APN 051-061-62-000
UPID US02-0120978
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
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
Glenn Weed · 19 yrs held
Glenn Weed
since 2007
3 recorded transactions
2007
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
CER5SL · Chugiak, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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