7810 Lake Otis PkwyAnchorage, AK 99507

Property Details for 7810 Lake Otis Pkwy

Year built

1967

Construction

WOOD FRAME

Lot size

3.89 AC

Property size (Sq ft)

8,320 SF

Zone code

I2 HEAVY INDUSTRIAL

Property type

Industrial properties

APN

014-182-10-000

APU

1418210000

Description

This exceptional commercial property, located at 7810 Lake Otis Parkway in Anchorage, Alaska, presents a significant investment opportunity. The property encompasses 3.88 acres of fenced I2-zoned land, featuring four substantial warehouse/storage buildings totaling 20,820 square feet. The current development is considered Phase 1/2 complete. Its prime South Anchorage location offers easy access to Abbott Road, ensuring convenient transportation and logistics. Three of the shops are equipped for Phase 3 electrical upgrades. The property boasts an on-site well for water supply and is connected to public sewer, providing reliable utilities. A key advantage for potential buyers is the availability of seller financing, making this property more accessible. Note that an additional 3 acres of I2-zoned land with office TRA is also available under a separate MLS listing (24-9074), presenting potential for expansion or further development. This property is ideal for businesses requiring substantial storage and warehouse space in a highly desirable Anchorage location. The asking price for this exceptional opportunity is $4,500,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,568,738

  Hospitality

  $2,352,950

  Educational

  $1,957,627

  Medical

  $2,024,953

  Retail

  $3,045,198

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1498

Longitude

-149.838

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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