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$110,000
26-10779 MLS
Excellent opportunity to purchase an unrestricted lot in the Butte which continues to grow and expand year after year. Possibilities for commercial, large multi family or a perfect lot to expand your business. These lots are very close to the flashing light which I believe will become the Buttes premier commercial district in years to come after the construction of the new Green Store. These lots have utilities nearby and will have excellent visibility to the Glenn Hwy. State road approach is pending final approval after paving. Paving is complete, final inspection is in process of being approved. Please read the additional docs in the listing regarding the BLM ROW Approval process. This is a prime opportunity to buy ahead of the future growth. There is one access serving two parcels. At this time only one property is being sold.

4605 S Old Glenn Highway, Palmer

Listing Office Tanner Group Premier Real Estate

$320,000
26-10413 MLS
Prime 5-acre subdividable lot in a highly desirable central Palmer location! Enjoy mountain views in nearly every direction while staying close to shopping, schools, the hospital, scenic trails, and a convenient commute to Anchorage. Two building sites are already prepped and ready for immediate construction, saving you time and expense. The property comes equipped with electricity on-site, a strong 20-gallon-per-minute well, and a 3-bedroom septic system already installed. Protective covenants allow for limited livestock and poultry, offering flexibility for a rural lifestyle. (Buyer to verify suitability for their intended use.) Easily subdividable into two separate lots of at least 2 acres each, this versatile parcel presents an outstanding opportunity for a family compound or your own private Alaskan estate.

8645 E Highlands Circle, Palmer

Listing Office Real Broker Wasilla

$160,000
26-8634 MLS
Tucked away at the end of a quiet cul-de-sac, this beautiful 1.64-acre lot offers privacy and panoramic mountain views. The elevated, south-facing bench ensures optimal sun exposure, while a natural hill at the rear provides a peaceful, secluded sanctuary. The owner is open to considering offers and may be willing to explore owner financing options. Nestled within walking distance of the iconic Butte Trailhead and Falk Lake, this elevated homesite offers a rare combination of natural beauty, privacy, and convenience. Whether you're an avid hiker, a nature enthusiast, or simply someone who craves the great outdoors, this is the perfect place to embrace the Alaskan lifestyle all just minutes from town and an easy commute to Anchorage.

2150 S Sea Biscuit Lane, Palmer

Listing Office Discover Alaska Real Estate, LLC

$449,000
26-8165 MLS
Imagine waking up in the morning in your home on the bluff with unobstructed views sweeping across the Palmer Hay Flats, You can't build a view like this; it only comes with the land. Spring Creek meanders through the lower portion of the property, carrying young coho salmon among other species, all while adding natural character and seasonal beauty to an already remarkable setting. Offering buildable acreage, this parcel delivers a front-row seat to one of Alaska's most dramatic panoramas -- a vantage point so open and complete that no future development can encroach on what you see today. Practicality hasn't been sacrificed for scenery. Gas is available at the lot line, electric is nearby, and the location just off the Parks Highway near the Glenn interchange puts you minutes from both Palmer and Wasilla -- an exceptional commute location. If you've ever imagined waking up to an endless, protected sightline stretching from the tidal flats to the full expanse of the Chugach Mountains, this is that opportunity.

7395 E Matanuska Spur Road, Palmer

Listing Office Keller Williams Alaska Advisors

$410,000
26-5877 MLS
Prime location for multiple Multi-Family units, w/stunning mountain views, & the perfect blend for renters of quiet residential seclusion, & convenient commuting. Excellent Commercial Opportunity for a developer, builder, or private entrepreneur. This unimproved, unzoned, unrestricted land is suitable for residential oriented commercial property, in the coveted, hard-to-find Lower Trunk Corridor. Adjacent properties already commercially developed and occupied. This currently treed lot is only 1 min from easy Trunk Rd access, but still virtually no traffic noise. It is also only 2 min from Matsu College, 4 min from an expanding Matsu Regional Hospital, & 4 min from the Parks Hwy interchange for easy commute to Anchorage. Power, gas, and phone immediately available, with adjacent property having community water. Paved borough maintained road fronting the property. Property can also be subdivided, if desired.

7301 E Jim Cottrell Circle, Palmer

Listing Office FSBO System Alaska LLC

$995,000
26-5145 MLS
Prime Commercial/Industrial Development Opportunity - Glenn Hwy Frontage | Palmer, AK Exceptional opportunity to acquire 4.45 acres of highly visible land located on S Margaret Dr. in Palmer (Parcel ID: 49859), directly adjacent to the recently expanded 4-lane Glenn Highway corridor. This property offers excellent exposure and accessibility, with convenient frontage road access and positioning along one of the Mat-Su Valley's busiest transportation routes--making it ideal for commercial, industrial, or mixed-use development. Property Highlights: 4.45 acres of level, usable land Direct Glenn Highway visibility with strong daily traffic flow Frontage road access for safe and easy ingress/egress Located in a rapidly growing commercial corridor High exposure site--ideal for owner-users or investment development Development-Ready Features: Survey completed Geotechnical test holes completed Gravel encountered at just 18" depth - significantly reduces site prep costs and enhances buildability Conceptual site layout and building plans available Designed for approximately 13,000 sq ft warehouse/office facility Location Advantages: Positioned between Palmer and Wasilla, capturing traffic from both directions Surrounded by expanding commercial and industrial activity Easy access to the broader Mat-Su and Anchorage markets This is a rare opportunity to secure a high-visibility, development-ready parcel along one of Alaska's most important highway corridors. With major infrastructure improvements already completed and strong regional growth, this site is perfectly positioned for long-term value and immediate development potential.

L1 S Glenn Highway, Palmer

Listing Office Sun Properties, LLC

$329,900
26-3659 MLS
Prime Commercial Opportunity in the Heart of Palmer! Position your business for success on this exceptional 1.17-acre commercial lot located in one of Palmer's most visible & high-traffic areas. With outstanding road frontage, strong traffic counts & excellent curb appeal, this property offers maximum exposure for a wide range of business opportunities. All utilities are close by or at the lot. Zoned General Commercial, this level & ready-to-develop parcel provides flexibility for retail, service, or mixed-use ventures. The location is surrounded by well-established national & local businesses including Speedway Gas Station, Wendy's, Midas, and O'Reilly Auto Parts, ensuring consistent traffic flow and built-in customer visibility.

300 Glacier View Avenue, Palmer

Listing Office Century 21 Realty Solutions Freedom Branch

$389,900
26-3201 MLS
Unlock the potential of this exceptional 4.5-acre property in Palmer, ideally located near Butte Airport, Alaska Raceway Park and the popular Knik River Public Use Area recreational parking area. Whether you're looking for a commercial base, storage yard, or a private retreat with room to grow, this property delivers flexibility and opportunity. Property Highlights: Excellent soils - would rate "SW" & "GW" per owner. 400 amp electrical service installed at the Northeast corner. Double gated access for convenience, security, and functionality. Unzoned - ideal for a wide range of residential, commercial, or recreational uses. Beautiful creek running along the West side of the property. Previously utilized as a commercial storage lot - ready for immediate use or redevelopment. Surrounded by Alaska's natural beauty and located in a high-demand recreation corridor, this property offers direct proximity to ATV trails, river access, and year-round outdoor adventure. With solid ground conditions and existing infrastructure in place, it's a rare find for those seeking a turnkey parcel with limitless potential.

16655 E Sullivan Avenue, Palmer

Listing Office Herrington and Company, LLC

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Real Estate Brokers of Alaska are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated: