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    OFF-MARKET
    Commercial real estate

    42035 Kenai Spur Hwy, Kenai, AK 99611

    8 ac lot
    Property ID
    US02-0159030
    Property summary
    AI-generated overview

    Exceptional commercial opportunity on 8.03 acres of prime Kenai Peninsula Borough land, located at 42035 Kenai Spur Highway, Nikiski/north Kenai, AK 99611. This property boasts stunning inlet front views and includes a gated driveway for enhanced security. The land features two existing commercial set net permits, providing immediate income potential. Improvements include a substantial 48x30 metal shop building, perfect for storage or workshop needs. Also included are a camper, four skiffs, trailers, miscellaneous equipment, gear sheds, and a fire pit. A 1043 square foot bunkhouse, built in 1982, offers fully furnished accommodations with numerous bunk areas, a large communal kitchen, dining area, and living space. The property is conveniently situated as the fourth lot from the Kenai River. Please note that a small cabin located by the bluff is excluded from the sale. The property is being sold as-is, with a cash purchase required. This unique offering presents a rare chance to acquire a versatile commercial property with significant existing infrastructure and breathtaking views. Coordinates: 60.59031 Latitude, -151.330627 Longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8 ac (348,480 SF)
    UPID US02-0159030
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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