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Property profile & analytics
OFF-MARKET
Commercial real estate

330 Airport Way Kenai, AK 99611

1,600 SF 0.46 ac lot Built 1977
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US02-0087492
Property summary
AI-generated overview

This exceptional 0.46-acre commercial land parcel, located at 330 Airport Way in Kenai, Alaska, presents a unique investment opportunity. Priced at $319,000, this property boasts a substantial 3,574 square feet and offers significant potential for various commercial ventures. The land is designated as Fee Simple, a rare find near the Kenai Airport, where most properties are leasehold. This ownership advantage provides unparalleled flexibility and long-term value. Built in 1977, the property's zoning is RMKS, allowing for a range of commercial uses. Its proximity to the airport makes it ideal for businesses serving air travelers or those requiring convenient airport access. The property's location offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The parcel's size and zoning provide ample space for development, allowing for customization to suit specific business needs. This is a rare chance to acquire fee simple land in a prime location near the Kenai Airport, offering substantial potential for growth and return on investment. The APN is 04322019, and the property is situated in the Kenai Peninsula Borough, Alaska, zip code 99611. The price per square foot is $89.26.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 1,600 SF
Lot 0.46 ac (20,038 SF)
APN 043-220-19
UPID US02-0087492
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
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Owner & transaction history
Thomas Varne · 3 yrs held
Thomas Varne
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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