Exceptional Multi-Family Development Opportunity in Anchorage

Exceptional Multi-Family Development Opportunity in Anchorage
Located at 8000 Independence Park Drive in Anchorage, this 4.37-acre parcel offers a prime opportunity for multi-family residential development. Priced at $675,000 and zoned R3, the property provides the flexibility to create a thriving residential community in a highly sought-after area.

This well-positioned tract lies along the west side of Independence Drive, just a quarter mile north of O’Malley Road.

The site benefits from approximately 424 feet of frontage, offering excellent visibility and accessibility.
The parcel’s layout and dimensions make it suitable for versatile development, accommodating up to 38 residential units.

The property comes with comprehensive documentation, including engineering and site development reports, two appraisals, and relevant permits such as a Corps permit.

Nestled in the Independence Park Subdivision, this land combines the tranquility of a residential neighborhood with the convenience of Anchorage’s urban amenities. Its strategic location ensures easy access to services, schools, and recreational opportunities, making it an attractive option for developers.

This rare opportunity is ideal for those looking to capitalize on Anchorage’s growing demand for multi-family housing.