Property summary
This fee-simple industrial property, located at 345 Boniface Pkwy, Anchorage, AK 99504 (APN 00639102000), presents a compelling investment opportunity. The property encompasses a 13,276 square foot warehouse, divided into a multi-tenant configuration, with a modified lease type. The asking price is $2,225,000, translating to $167.60 per square foot. The warehouse features approximately 12,776 square feet of shop space and approximately 500 square feet of office space. The building consists of four structures situated on a sizable 40,196 square foot (0.92-acre) lot zoned I1: Light Industrial, providing ample yard space. Key features include six overhead doors, three-phase electric service, and floor drains. The warehouse space is comprised of a high-clearance box shop, a quality mezzanine, a showroom, and a Quonset hut section. The property benefits from high traffic counts, with an average annual daily traffic (AADT) exceeding 22,000 on Boniface Parkway and over 67,000 on the Glenn Highway. All information should be independently verified by the buyer, who is responsible for conducting their own due diligence.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Anchorage market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I1 LIGHT INDUSTRIAL · Anchorage, AKZoning
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Zoning designation
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