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Investment Highlights

  • Priced To Sell
  • Potential for Industrial Re-Zoning
  • Close to Airport

Executive Summary

A development opportunity in Anchorage's R-4 zoning district. This parcel offers over 5 acres of high-density residential land, ideally located just minutes from Ted Stevens Anchorage International Airport. With excellent access and strong potential for multifamily or mixed-use development, this site is perfect for investors and builders looking to capitalize on Anchorage's growing housing demand.

Property Facts

Price $1,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Religious Facility
Total Lot Size 5.82 AC
Zoning R4SL

1 Lot Available

Lot

Price $1,000,000
Price Per AC $171,821.31
Lot Size 5.82 AC

A development opportunity in Anchorage's R-4 zoning district. This parcel offers over 5 acres of high-density residential land, ideally located just minutes from Ted Stevens Anchorage International Airport.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
  • Listing ID: 38001147

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 5000 Northwood Drive, Anchorage, AK 99517

Contact the Sale Advisor

5000 Northwood Drive - Northwood Drive Land - Sisterhood Tr 2

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