3350 Commercial DrAnchorage, AK 99501

Property Details for 3350 Commercial Dr

Year built

1971

Construction

STEEL FRAME

Lot size

1.78 AC

Property size (Sq ft)

25,218 SF

Zone code

I1 LIGHT INDUSTRIAL

Property type

Office buildings

APN

004-052-28-000

APU

405228000

Description

This exceptional 6,850 square foot ground floor office space, located in a well-maintained Class B building in Anchorage Municipality's Mountain View neighborhood, is ideally suited for non-profit organizations. Currently available for lease, this single-tenant space offers a unique opportunity to secure below-market rates. The property boasts multiple private offices with abundant natural light, a spacious open bullpen area perfect for collaborative work, private restrooms, a dedicated conference room for meetings, and a large kitchen/break room for employee convenience. The building itself totals 25,218 square feet and sits on a sizable 77,516 square foot lot. Its prime location offers easy access to Glenn Square, enhancing convenience and accessibility. The space is highly adaptable and can be subdivided to accommodate smaller tenants, providing flexibility to meet specific organizational needs. This is a rare opportunity to secure high-quality, affordable office space in a desirable location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $6,802,172

  6.5%

  $6,278,928

  7%

  $5,830,434

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,665,598

  Geo Method

  $4,856,482

• Alternative Use

  Use

  Valuation

  Residential

  $7,785,871

  Hospitality

  $7,131,816

  Educational

  $5,933,587

  Medical

  $6,137,652

  Retail

  $9,230,024

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.2236

Longitude

-149.818

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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