5800 Boundary AveAnchorage, AK 99504
- Residential income properties
Property Details for 5800 Boundary Ave
- Property type
- Residential income properties
- Property subtype
- Other land
Description
This exceptional 12.5-acre parcel, located at 5800 Boundary Avenue in Anchorage, Alaska, presents a unique investment opportunity. The property, encompassing APN 00642110 & 00642105, boasts a total area of 546,912 square feet and is zoned for both residential (R-3) and commercial (B-3) uses. The site features 4.06 acres of B-3 zoning directly adjacent to Boundary Avenue and the Glenn Highway, offering unparalleled visibility and accessibility. An additional 8.49 acres are zoned R-3, providing flexibility for a variety of development scenarios. Previously occupied by multi-family apartments and a mobile home park, the land is now cleared and prepared for immediate development. All necessary utilities are either on-site or readily accessible, simplifying the construction process. This prime location in Anchorage, Alaska, zip code 99504, offers significant potential for a diverse range of projects, making it an attractive proposition for discerning investors seeking a high-impact development opportunity. The asking price for this remarkable property is $3,974,176.
Location Insight
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Latitude
- 61.2235
- Longitude
- -149.773
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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