ACTIVE

394 FARMERS LOOP ROAD

Fairbanks AK, 99712

$850,000


$173.61 per sqft

ACTIVE

4,896 sqft

Commercial

Built in 2002

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.

154676

MLS ID

May 9, 2024

Updated

Map

394 FARMERS LOOP ROAD
Fairbanks AK, 99712

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Oil

Exterior/Building Features

Lot Size

9.48 Acres


Exterior Features

Storage

Other Property Details

Area Name

RURAL FAIRBANKS


Taxes

$4,315


Tax Frequency

Annually


Garage

No


Parking Total

100


View

No


County

Fairbanks North Star Borough


Pool

No


Zoning

General Commercial District

Listed by: EMPIRE REALTY, LLC, Mike Maynard 

The data relating to real estate for sale on this web site comes in part from the Greater Fairbanks Board of REALTORS®. Real estate listings held by brokerage firms other than Real Broker, LLC are marked with the IDX logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Justin Heminger shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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