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Property profile & analytics
FOR LEASE
Office buildings

Ste-201-1301 Huffman Rd Anchorage, AK

29,023 SF 1.04 ac lot Built 1981
Trust Owned 7-yr Hold Free & Clear
Property ID
US02-0135091
Property summary
AI-generated overview

This exceptional commercial laundry business, situated at 1301 Huffman Road in Anchorage, Alaska, presents a rare opportunity for a savvy investor. The 3,000 square foot facility boasts a loyal customer base built on years of meticulous maintenance and reliable service. The business operates with flexible hours, catering to the needs of both businesses and the general public, ensuring consistent revenue streams. Its strategic location offers ample parking, a significant advantage in a busy commercial area. The current setup is well-established and profitable, providing a solid foundation for immediate returns. However, the property also presents significant potential for expansion, allowing a new owner to capitalize on the strong demand and further increase profitability. The existing infrastructure is in excellent condition, minimizing upfront capital expenditures. This turnkey operation requires minimal immediate investment, making it an attractive proposition for those seeking a stable and growing business venture. The property's size and location provide ample room for future growth and adaptation to changing market demands. This is a truly exceptional opportunity to acquire a well-established, profitable business in a prime Anchorage location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1981
Total area 29,023 SF
Lot 1.04 ac (45,302 SF)
Zoning code I1 LIGHT INDUSTRIAL
APN 016-191-03-000
UPID US02-0135091
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
  • Dr. Alison Walsh, DDS Dental Office
  • Alison Walsh Dental Office
  • LaTouche Pediatrics: Tom Hepler Pediatrician Medical Clinic
  • LaTouche Pediatrics: Jeff Penman Pediatrician Medical Clinic
  • Arctic Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.23M
Owner & transaction history
Haxby,john E Trust · 7 yrs held
Haxby,john E Trust
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
I1 LIGHT INDUSTRIAL · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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