$2,000,000
PENDING $2M PRICE DROP

Estimated payment $12,510/month

Total Views 8,959
7.03 Acres
$284,495 Price per Acre
306,227 Sq Ft Lot

About This Lot

550 Bragaw Street, Anchorage, AK presents a prime development opportunity with 7 acres of cleared B3 zoned land nestled right off the Glenn Highway. This property is ideal for an Owner/User or for a multifamily development project. The site is conveniently located next to Home Depot and Anchorage Fire Station 3, offering easy access and high visibility. Ready for immediate development, this landcomes equipped with all utilities on site, making it a promising canvas for your next venture. The original building has been demolished, paving the way for your new construction vision. The strategic location boasts a traffic count of 42,000 on Glenn Highway and 15,700 on Bragaw Street, ensuring ample exposure for any business or residential project. Act now and seize this opportunity to shape the future of this thriving area in Anchorage, Alaska.

Listing Agent

Eric Sobolik

Jack White Commercial License #19008 Listed on: 04/19/2024

Property Details

Property Type

  • Land

Lot Details

  • 7.03 Acre Lot
  • Property is zoned B3, General Business

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.03
  • Directions: Next to Home Depot and the Fire Station on Bragaw.
  • Special Features: None

Exterior Features

  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Pub Wtr - On Site, Sewer Connected, Phone Connected

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Commercial
  • Lot Size Sq Ft: 306226.8
  • Mobile Dim Units: Feet
  • Zoning Description: General Business
  • Zoning: B3

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $3,085,700 $3,085,700 --
2024 $103,481 $6,222,100 $3,085,700 $3,136,400
2023 $103,481 $6,076,400 $3,085,700 $2,990,700
2022 $0 $6,569,300 $3,847,500 $2,721,800
2021 $0 $6,428,000 $3,771,100 $2,656,900
2020 $0 $6,250,800 $3,697,300 $2,553,500
2019 $0 $6,189,900 $3,623,500 $2,566,400
2018 -- $6,140,200 $3,623,500 $2,516,700
2017 -- $6,091,800 $3,623,500 $2,468,300
2016 -- $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Pending -- -- --
11/25/2025 11/25/25 Price Changed $2,000,000 -20.0% --
11/03/2025 11/03/25 For Sale $2,500,000 0.0% --
11/01/2025 11/01/25 Off Market -- -- --
09/12/2025 09/12/25 Price Changed $2,500,000 -20.5% --
04/22/2025 04/22/25 Price Changed $3,145,000 +5.0% --
03/19/2025 03/19/25 For Sale $2,995,000 0.0% --
09/13/2024 09/13/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $2,995,000 -14.4% --
05/18/2024 05/18/24 Price Changed $3,500,000 -11.4% --
04/19/2024 04/19/24 For Sale $3,950,000 -- --
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure -- None Listed On Document
Warranty Deed -- Atga
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,500,000 Purchase Money Mortgage
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 24-4117

Alaska Multiple Listing Service

APN: 00408132000