4623 Old Seward HwyAnchorage, AK 99503

Property Details for 4623 Old Seward Hwy

Year built

1978

Lot size

0.57 AC

Property size (Sq ft)

7,516 SF

Zone code

I1SL LIGHT INDUSTRIAL

Property type

Office properties

Property subtype

Office buildings

APN

009-173-28-000

APU

917328000

Description

This exceptional creative office space, located at 4623 Old Seward Highway in Anchorage, Alaska, offers three available suites ranging from 1,124 to 3,406 square feet. Situated on the second floor, the largest suite (#200 & #201) boasts 3,406 square feet of versatile space ideal for a variety of businesses. This unit features abundant natural light from ample south-facing windows, creating a bright and productive work environment. The space includes three bathrooms, one with a shower, adding convenience for employees and clients. Modern amenities such as automatic lighting are incorporated throughout. The layout includes several private offices and rooms, providing flexibility for individual workspaces and team collaboration. Additional storage rooms are also available, catering to various storage needs. On-site parking is provided for the convenience of occupants and visitors. The building enjoys a highly visible location just south of the Old Seward and Tudor intersection, benefiting from significant daily traffic with approximately 17,000+ vehicles passing by. This prime location offers excellent exposure and accessibility for any business. The property is classified as a multi-tenant office building within the Anchorage Municipality.

• CAP approach

  CAP return

  Valuation

  6%

  $2,027,327

  6.5%

  $1,871,378

  7%

  $1,737,709

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,284,663

  Geo Method

  $1,447,431

• Alternative Use

  Use

  Valuation

  Residential

  $2,320,510

  Hospitality

  $2,125,574

  Educational

  $1,768,453

  Medical

  $1,829,272

  Retail

  $2,750,926

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1782

Longitude

-149.867

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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