330 Airport Way Kenai, AK 99611
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.