Land Management

Sales & Leases

Commercial Lease Detail

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Northern Region
Geist Road

Disposal Plan

COMMERCIAL LEASE


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LOCATION

FAIRBANKS, ALASKA
T1S, R1W, SEC. 7, FAIRBANKS MERIDIAN
FAIRBANKS RECORDING DISTRICT

 

DESCRIPTION

The University of Alaska has an 8.474-acre parcel of land available for commercial lease at the southeast corner of the Geist Road and Loftus Road intersection.  A 0.4 acre portion of this parcel with frontage on Geist Road is currently under commercial lease to an operator of a drive-through espresso stand.  Any lease agreement would be subject to this existing lease.
 
The parcel is covered with spruce trees.  Soil quality on the parcel varies.  A soil report is available for review in the Fairbanks office.  The parcel is generally level and at a grade with the road, except for the acreage at the intersection which is approximately 12 feet below grade.
 
This parcel is located within the Fairbanks North Star Borough and is zoned General Use-1 (GU-1).  Utilities are available on site.
 
Interested parties should thoroughly inspect this parcel prior to submitting an offer to ensure that the parcel is suitable for the party’s intended use and to determine all permitting requirements related to that intended use.  Additional information regarding this parcel may be available from local, state and federal offices, including but not limited to:  the city or borough assessor’s office, building permitting office and land planning office; local utility companies; district recorder’s office; the State of Alaska Department of Natural Resources, Department of Environmental Conservation, Department of Fish and Game and Department of Transportation and Public Facilities; and the U.S. Department of the Interior Bureau of Land Management, Geological Survey and Environmental Protection Agency, and the U.S. Army Corps of Engineers.

 

PARCEL SUBDIVISION LOT ACRES
FA.GR.0001 Otto Geist Subd. 1 8.474

PROCESS - Commercial Lease
The University of Alaska is requesting proposals from qualified individuals or firms interested in leasing and developing commercial projects on the parcel(s) listed above. Proposals will be considered on a first come, first served basis. The terms and conditions of this offering are available below.