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3674 Country Fld Cir Wasilla, AK 99654-5105

Medical Office Space Google Maps
1.5 ac lot Built 2004
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US02-0090481

Property summary

AI-generated overview

This exceptional 7,828 square foot commercial building is strategically located in Wasilla, Alaska, offering a unique opportunity for a variety of businesses. Previously occupied by a pharmacy, the single-tenant structure boasts versatile space ideal for retail, office, drive-through, and even small-scale warehouse operations. Its prime location within the Mat-Su Valley ensures high visibility and accessibility. The property sits on a one-acre lot, providing ample space for parking and potential future expansion. The building's central location benefits from significant traffic volume, with a recorded 24,700 vehicles per day (VPD) in 2002 at the nearby intersection of Seward Meridian and the Parks Highway. This already impressive traffic count is poised for substantial growth. Currently, the Seward Meridian expansion project to Seldon Road is underway, creating a major new arterial road in the Mat-Su Valley, further enhancing the property's accessibility and future potential. This presents a rare chance to acquire a well-situated commercial property in a rapidly developing area, offering significant long-term investment prospects. The asking price for this exceptional property is $2,650,000. Don't miss this opportunity to secure a prime commercial location in the heart of the Mat-Su Valley.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Lot 1.5 ac (65,340 SF)
Zoning code 7
APN 5565B04L004
UPID US02-0090481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy Medical Supply Store
  • Pharmacy
  • Spa & Massage Center Alternative Medicine Practice
  • Registered General Nurse
  • Pharmacy

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

7 · Wasilla, AK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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