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    Property profile & analytics
    OFF-MARKET Estimated value $1,505,000
    Automotive properties

    8103 Old Seward Hwy, Anchorage, AK 99518-3359

    29,637 SF 0.77 ac lot Built 2016
    Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US02-0011102
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 8103 Old Seward Highway in Anchorage, Alaska, presents a unique owner-user opportunity. The 29,637 square foot building, constructed in 2016, sits on a substantial 68,880 square foot lot and boasts a 7.93% pro-forma cap rate and a $551,248 pro-forma NOI. The property features a flexible layout encompassing approximately 4,000 square feet of office space and 25,000 square feet of showroom/warehouse space, ideal for a variety of businesses. High-end features include 28-foot ceilings, in-floor radiant heat, an elevator servicing the second-floor offices offering stunning views, and state-of-the-art mechanical systems. The building is currently vacant and zoned B3. Ample paved and fenced parking is provided across multiple parcels, ensuring convenient access for employees and clients. The asking price is $6,950,000, translating to $234.50 per square foot. This prime location offers excellent visibility and accessibility within a high-traffic commercial area, making it an ideal investment for businesses seeking a prominent presence in Anchorage. The property is a single building with no ground lease.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 2016
    Construction WOOD FRAME
    Total area 29,637 SF
    Lot 0.77 ac (33,600 SF)
    Zoning code B3 GENERAL BUSINESS
    APN 014-202-39-000
    UPID US02-0011102
    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
    Current use
    Occupant on record · Public records
    • ABC RV Sales Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.51M
    Owner & transaction history
    John Marquardt · 10 yrs held
    John Marquardt
    since 2015
    7 recorded transactions
    2016
    2015
    2009
    2003
    1998
    1969
    1969
    Zoning & alternative use
    B3 GENERAL BUSINESS · Anchorage, AK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.4M +1.8%
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