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    Property profile & analytics

    21229 Gorsuch St Chugiak, AK 99567

    • Warehouses
    • 5,701 SF
    • 0.86 lot acres
    For Sale
    View listing
    $395,000
    Value Estimation
    Location Intelligence
    Property ID
    US02-0120978
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 21229 Gorsuch St

    Year built
    1979
    Lot size
    0.86 lot acres
    Property size
    5,701 SF
    Zone code
    CER5SL
    Property type
    Warehouses
    APN
    051-061-62-000
    APU
    5106162000

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chugiak
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.423
    Latitude
    61.4123
    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
    2024
    $7,152
    $68,700
    $390,500
    $459,200
    -
    $68,700
    $390,500
    $459,200

    Comparable in this City

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      2,400 SF

      16849 Old Glenn Hwy

      WAREHOUSE, STORAGE • 2,400 SF
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      18743 Old Glenn Hwy

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      3,536 SF

      23650 Ski Rd

      WAREHOUSE, STORAGE • 3,536 SF
      23650 Ski Rd, Chugiak, AK 99567
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    • Value Estimation
      $385,000
      6,968 SF

      19211 Old Glenn Hwy

      WAREHOUSE, STORAGE • 6,968 SF
      19211 Old Glenn Hwy, Chugiak, AK 99567-6455
      View Details
    • Value Estimation
      $335,000
      2,440 SF

      18631 Old Glenn Hwy

      WAREHOUSE, STORAGE • 2,440 SF
      18631 Old Glenn Hwy, Chugiak, AK 99567
      View Details
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    21229 Gorsuch St
    Chugiak, AK 99567
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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