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$ 1,100,000
Est. payment | /mo
1.07 Acres Lot
$ 1,100,000
Est. payment | /mo
1.07 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-4327
Lot Size 1.066 Acres
Acres 1.0
Source Alaska Multiple Listing Service
Property Description
Rare opportunity to acquire a 46,426 sq ft assemblage in the vibrant Spenard neighborhood. Currently three contiguous lots, this property is undergoing a short plat to remove internal boundaries and an unused utility easement, consolidating it into a single, cohesive parcel. Rezoning to B-3 is also underway, paving the way for high-density residential and mixed-use projects. Strategically located with dual access from Spenard Road and 32nd Avenue, all public utilitieswater, sewer, gas, and electricare adjacent to the site. Inspired by the highly successful 3600 Spenard development by Cook Inlet Housing and KPB Architects, this location is ideal for a transformative project incorporating residential units with ground-floor commercial spaces.
Developers can capitalize on Anchorage's "10,000 Homes in Ten Years" initiative and recently enacted tax abatements offering up to 15 years of relief for qualifying multifamily projects of eight or more units. This property represents a unique chance to contribute significantly to the city's housing goals and enjoy attractive municipal incentives.
Don't miss this strategic investment poised for exceptional growth and community impact.
Developers can capitalize on Anchorage's "10,000 Homes in Ten Years" initiative and recently enacted tax abatements offering up to 15 years of relief for qualifying multifamily projects of eight or more units. This property represents a unique chance to contribute significantly to the city's housing goals and enjoy attractive municipal incentives.
Don't miss this strategic investment poised for exceptional growth and community impact.
Location
State AK
Area 10 - Spenard
Zoning B3 - General Business
Direction Spenard Road at the corner of 32nd
Exterior
Fence Fenced
Topography Level
Accessibility , Paved, Maintained
Building
Lot Description Level
Lot Size Range 1.0
Others
Tax ID 0101044300001
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Listed by Real Broker B Street
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