$721,500
Anchorage, AK 99503
MLS# 25-4327
1 / 7
Property Description
Rare opportunity to acquire a 46,426 sq ft assemblage in the vibrant Spenard neighborhood. Recently approved for both replat and rezoning to B-3, this property now offers a single, cohesive parcel ideal for high-density residential and mixed-use development. Formerly three contiguous lots, internal boundaries and an unused utility easement have been removed, maximizing the site's potential in one
Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Foreclosure/Bank Own: No
Price-List: 721500
Date-Listing: 2025-04-18
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1629
Tax Map #-Mat-Su: N/A
Legal: T13NR4WSEC 25 NW4NW4SE4NE4 PTN M/B, T13NR4WSEC 25 NE4NE4SW4NE4 PTN, T13NR4WSEC 25 Parcel 1-40
Taxes (Estimated): 12000
Tax Year: 2025
Property Info
Realtor.com Type: Vacant Land
Acres: 1.07
SF-Lot: 46436
Lot Area Source: Tax Authority
Zoning: B3 - General Business
Directions and Remarks
Directions: Spenard Road at the corner of 32nd
Vacant Land Type
Commercial: 1
Land Features
Curb & Gutters: 1
Fence: 1
In City Limits: 1
Multi-Family Ok: 1
Road Service Area: 1
Sidewalks: 1
Storm Drain: 1
Stub Out - Sewer: 1
Stub Out - Water: 1
Trees - Cleared: 1
Topography
Level: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Utilities
Elec - Adj to Site: 1
Nat Gas - Adj Site: 1
Pub Wtr - Adj Site: 1
Sewer - Adj Site: 1
Telephone - Adj Site: 1
Access
Maintained: 1
Paved: 1
Road Maintenance
Road Mntd All Year: 1
Documents
Docs Posted on MLS: 1
Location Tax and Legal
Area: 10 - Spenard
Street #: 3201
Street Name: Spenard
Arterial: Road
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Features
Vacant Land Type: Commercial
Land Features: Curb & Gutters; Fence; In City Limits; Multi-Family Ok; Road Service Area; Sidewalks; Storm Drain; Stub Out - Sewer; Stub Out - Water; Trees - Cleared
Topography: Level
Wtrfrnt-Access Near: None
Wtrfrnt-Frontage: None
Utilities: Elec - Adj to Site; Nat Gas - Adj Site; Pub Wtr - Adj Site; Sewer - Adj Site; Telephone - Adj Site
Access: Maintained; Paved
Road Maintenance: Road Mntd All Year
Documents: Docs Posted on MLS
Supplements
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.
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IDX
Listing Office: Real Broker B Street
Last Updated: September - 15 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.