3201 Spenard Road, Anchorage, AK 99503 (MLS# 25-4327)
$721,500
Anchorage, AK 99503
MLS# 25-4327
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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
Price-List: 721500
Date-Listing: 2025-04-18
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 10 - Spenard
Street #: 3201
Street Name: Spenard
Arterial: Road
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Info
Realtor.com Type: Vacant Land
SF-Lot: 46436
Lot Area Source: Tax Authority
Acres: 1.07
Zoning: B3 - General Business
Directions and Remarks
Directions: Spenard Road at the corner of 32nd
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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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.