Fairbanks, AK
Commercial Real Estate Market Trends & Data

Fairbanks's Demographic Profile

Fairbanks has 12,722 households and a median income of $65,611, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 34,371
# Households 12,722
Median age 31
Median household income $65,611
Avg household size 2.0
Renter-occupied housing units 8,194
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fairbanks, AK

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Fairbanks $313 5,655 SF
Salcha $63 6,200 SF
Ester $150 5,000 SF

Commercial Properties For Sale in Fairbanks

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1243 Old Steese Hwy

Fairbanks, AK 99701

  • 6,310 SF Retail Building
  • 7.67% Cap Rate
  • $3,000,000
For Sale

4835 Himilaya

Fairbanks, AK 99712

  • 576 SF Specialty
  • $115,000
For Sale

2000 Steese Hwy

Fairbanks, AK 99712

  • 4,200 SF Retail Building
  • $545,000
For Sale

Chicken Town

Fairbanks, AK 99701

  • 1 SF Retail Building
  • $280,000
For Sale

1019 College Rd

Fairbanks, AK 99701

  • 4,603 SF Flex Building
  • $360,000
For Sale

Lacey Lofts

Fairbanks, AK 99701

  • 42,200 SF Multifamily
  • 5.30% Cap Rate
  • $8,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fairbanks pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fairbanks $323 12,473 SF
North Pole $143 16,674 SF
Salcha $351 4,404 SF
Ester $150 5,000 SF

Multifamily Properties For Sale in Fairbanks

For Sale

Lacey Lofts

Fairbanks, AK 99701

  • 42,200 SF Multifamily
  • 5.30% Cap Rate
  • $8,750,000

Regional Demographic Comparison

This comparison places Fairbanks alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fairbanks or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fairbanks 34,371 12,722 31 $65,611 2 8,194 1%
Badger 18,164 6,682 35 $90,646 3 1,733 -2%
North Pole 2,739 1,068 33 $85,515 3 463 3%
Salcha 1,034 415 41 $82,020 3 76 -1%
Ester 1,815 801 38 $62,983 2 341 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fairbanks, AK and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fairbanks

View All Commercial Real Estate For Sale in Fairbanks
Is Fairbanks a good market for a first-time commercial real estate investor?

Fairbanks offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fairbanks?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fairbanks. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fairbanks?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fairbanks. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fairbanks compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fairbanks. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fairbanks acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fairbanks, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.