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Property profile & analytics
OFF-MARKET
Commercial real estate

948 Elizabeth St Fairbanks, AK 99709

10,080 SF 1.17 ac lot Built 2005
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US02-0324538
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction STEEL FRAME
Total area 10,080 SF
Lot 1.17 ac (50,965 SF)
APN 59374
UPID US02-0324538
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Capital Leasing USA INC · 1 yrs held
Capital Leasing USA INC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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