2325 Sky Ranch Street, North Pole, AK 99705

Property Description

This active, privately owned airstrip (95Z) sitting 62-acre GU-1 lot is suitable for residential and commercial development. With the GU-1 zoning, any structures can be built including 6-plexes which are currently receiving tax benefits for improvements from the FNSB. If residential homes/ hangers are more your thing, there is a preliminary plot plan with 29 1 acre lots that was prepared by Stutzman Engineering (Available: “Preliminary subdivision plat…”). There are 60 individual F-35 personnel with personal aircraft, many of whom want to walk out the front door to their aircraft and this lot could offer 29 locations for such homes. The float pond was assessed to have 2.3 million cubic yards of gravel (Available doc p20) with huge commercial potential as other local gravel pits wind down operations. Get this property now before the road improvements go out to bid and fund your project with profits from gravel sales. The adjacent property with large pond (lower right corner of aerial photo) could also be purchased to create a large area to park float planes and has potential for residences or Air B&Bs. GVEA has provided a power easement (Available doc). Furthermore, the city of North Pole has provided a city water main parallel to the runway to the existing 80X52 hanger/ 2-bedroom apartment. That hanger and apartment are included in this now seemingly low priced 62-acre lot with huge investment potential.