The University of Alaska (“University”) is leasing, at fair market value, its remnant 2.5-acre parcel along Trunk Road located west of the University of Alaska Fairbanks (“UAF”) Matanuska Experiment Farm in Palmer, Alaska.  The location of this parcel is further described as being within the E1/2NW1/4 of Section 15, Township 17 North, Range 01 East, Seward Meridian, within the Matanuska-Susitna Borough.  In 2008, the development of the Trunk Road right-of-way bisected the University’s property creating this 2.5-acre parcel.  

 

This is a triangular shaped parcel with a right turn in and out access along Trunk Road.  Although the parcel shape is irregular and the southern tip of the parcel has limited utility, this parcel is ideal for a small commercial development that could take advantage of the extensive road frontage.  This parcel is located within the boundaries of the Matanuska-Susitna Borough and is subject to the Borough’s land use regulations.  The potential owner or lessee will be responsible for securing all local, state and federal authorizations necessary to develop the property for its purposes. 

 

A copy of the Department of Transportation & Public Facilities, Trunk Road Reconstruction Phase I, Plat #2012-57 are available at the District Recorder’s office in Palmer (Phone:  907.269.8876) or online http://dnr.alaska.gov/ssd/recoff (click on “Searches”, then RO Search Menu”, then “Plat Search”).