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Property profile & analytics

7216 Lk Otis Pkwy Anchorage, AK 99507-2740

  • Warehouses
  • 3,024 SF
  • 0.34 lot acres
OFF-MARKET
Last Sale
Mar 20, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US02-0372930
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • TNT Sports & Logowear / (Bike/Boat/Book/etc) Store / Printing Service
  • Trophy Shop / (Bike/Boat/Book/etc) Store
  • The Team Shop / (Bike/Boat/Book/etc) Store

Property Details for 7216 Lk Otis Pkwy

Year built
2001
Construction
STEEL FRAME
Lot size
0.34 lot acres
Property size
3,024 SF
Zone code
B3 GENERAL BUSINESS
Property type
Warehouses
APN
014-131-02-000
APU
1413102000

Description

This 3,024 square foot commercial property, situated at 7216 Lake Otis Parkway in Anchorage, Alaska, presents a compelling investment opportunity. Located just south of Dowling Road on Lake Otis Parkway, the property benefits from high vehicular traffic, ensuring excellent visibility and accessibility for any business. The 0.34-acre lot provides ample parking, a significant advantage in a busy commercial area. The building's versatility allows for a wide range of potential uses, making it an ideal choice for entrepreneurs and established businesses alike. A key feature is the recently installed new roof by Chinook Roofing, eliminating immediate roof replacement costs and providing peace of mind for years to come. The property's prime location and substantial parking make it a highly attractive option for businesses seeking a strong presence in a high-traffic area of Anchorage. The asking price of $850,000 reflects the property's excellent location, recent improvements, and considerable potential. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a well-located commercial property in a thriving Anchorage market.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Anchorage
County
Anchorage
State
Alaska
Longitude
-149.835
Latitude
61.1551
CBSA code
11260
CBSA name
ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,610
$197,400
$335,900
$533,300
-
$197,400
$335,900
$533,300
More about this property
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