948 Elizabeth St Fairbanks, AK 99709
This exceptional 10,400-square-foot warehouse, built in 2005, presents a compelling investment opportunity in Fairbanks, Alaska. Located at 948 Elizabeth Street, this single-story building sits on a generous 1.17-acre lot, offering ample space and potential for expansion. The property boasts a significant 35-foot ceiling height, providing versatile storage and operational capabilities. The warehouse is equipped with two grade-level roll-up doors for convenient loading and unloading. Further enhancing its functionality, the warehouse features a sprinkler system. The property's corner lot location is complemented by a fenced yard and two gates, ensuring security and controlled access. The asking price is $997,000, translating to $95.87 per square foot. The substantial lot size and high ceilings present the possibility of adding a mezzanine level, significantly increasing usable space and potentially enhancing the property's value. This property is ideal for a variety of industrial uses and represents a strong investment in a desirable Fairbanks location, with the zip code being 99709.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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