750 Fireweed LnAnchorage, AK 99503

Property Details for 750 Fireweed Ln

Year built

1975

Lot size

0.29 AC

Property size (Sq ft)

7,800 SF

Zone code

B3 GENERAL BUSINESS

Property type

Office properties

Property subtype

Office buildings

APN

009-016-39-000

APU

901639000

Description

This exceptional two-story office building, located at 750 E. Fireweed Lane in Anchorage, Alaska, presents a compelling investment opportunity. The property boasts a total of 7,800 square feet, divided into eight individual suites, offering flexibility for various business needs. Currently, one suite of 1,153 square feet is available. The building features a traditional office design, ideal for a range of professional tenants. Its convenient location in Anchorage, zip code 99503, ensures easy access to major transportation routes and amenities. The building's B3 zoning allows for a variety of commercial uses. The property includes one building with a total of two stories and is equipped with elevators for convenient access to all floors. This well-maintained building represents a solid investment in a thriving Anchorage market. The multiple tenancy structure provides a diversified income stream, making it an attractive option for investors seeking stable returns. The available suite presents an immediate opportunity for expansion or occupancy. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. Further details regarding lease terms and financial information are available upon request. Don't miss this chance to acquire a prime office building in a desirable Anchorage location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,103,932

  6.5%

  $1,942,090

  7%

  $1,803,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,370,992

  Geo Method

  $1,502,124

• Alternative Use

  Use

  Valuation

  Residential

  $2,408,192

  Hospitality

  $2,205,891

  Educational

  $1,835,276

  Medical

  $1,898,394

  Retail

  $2,854,873

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1976

Longitude

-149.87

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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