9.5 Acres of Improved Mixed-Use Land for Sale in Fairbanks, Alaska

394 Farmers Loops Rd, Fairbanks, AK 99712

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$850,000
9.48 acres
Active sale agoEst $4,975/mo

Lots of opportunities await at this 9.48 acres of General Commercial zoned property. Starting with over 600 feet of Farmers Loop Frontage and including improvements to use the lower 3 acres as secured RV Storage with fencing and automatic fence opener, storage office, light poles and a sign pole already installed. The upper area includes a heated 2,400 sq. ft. shop, 1,920 sq. ft. dry storage building, a studio apartment, and other outbuildings. The shop was built with large drive through doors and pilings are under each steel beam and the center. 8-9" concrete in the middle of the shop between the doors and 4.5" on the perimeter allowing for equipment as heavy as a D-9 to be serviced inside. Plentiful flat parking or room for further expansion. If a buyer would like to purchase the upper approximately 6.5 acres by itself the seller is willing to subdivide the lot and sell the lower RV storage opportunity separately. Owner Terms of min 20% down, 20 yr. amortization, 8% Interest and a 5-year call. Fully develop the Storage opportunity and cover the entire properties mortgage payment if done right. Another 6.79 acres of Farmers Loop frontage (over 600'), GU-1 zoned and available after this parcel's sale. A further approximately 7.5 acres with a custom ranch single family home could be rolled into a larger purchase.

4,896
Sq feet
2002
Built

Directions

Steese Highway to Farmers Loop Rd. Property on the Right before McGrath Rd.

Property details

Coordinates
64.883, -147.6707
Community
Tower Estates
Zoning
General Commercial District
Elevation
525 feet
MLS Number
GFBR 154676
Date Listed

Parcels

  • 493295

Property taxes

Year not provided
$4,315

This 9.48-acre property is located at 394 Farmers Loops Rd in Fairbanks, AK 99712 with latitude 64.883 and longitude -147.6707. The property is currently available for sale for $850,000. It has a 4,896 sq ft structure built in 2002. Listing data is sourced from Greater Fairbanks Board of Realtors # 154676.

Verify sale details at the property source or contact Empire Realty at (907) 374-4663.

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Copyright (C) 2024 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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