Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Jennifer Shupe, Deer Park, WA

    License ID: 25755
    Years of Experience
    12
    Association
    Spokane Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (509) 879-1128
    Office Address:
    Jim, Palmer, Deer Park, WA 99006

    Property Types

    • Commercial Sale
    • Land

    Performance

    Listings
    16
    Price range
    $267k - 600k
    Average price
    $400k

    Listings

    For Sale (16)

    View map
    • New
      $195,000
      12.26 Acres

      Land Ready For Development

      12+ acre property with well and building site installed.
      Nka Lower Weaver Way, Deer Park, WA 99006
      View Details
    • New
      $160,000
      9.95 Acres

      Land in Deer Park, WA

      Almost 10 acres of land with owner financing available.
      Nka Lower Weaver Way, Deer Park, WA 99006
      View Details
    • $35,000
      0.25 Acres

      Recreational Land Near Deer Lake

      Quarter-acre recreational land parcel near Deer Lake Road.
      41XX N Deer Lake Rd, Loon Lake, WA 99148
      View Details
    • $525,000
      960 SF

      Updated Commercial Property in Deer Park

      Well-maintained, updated 2-unit commercial property in Deer Park, WA.
      103 W 1 St Ave, Deer Park, WA 99006
      View Details
    • New
      $275,000
      16.26 Acres

      Land in Deer Park, WA

      16.26 acres divided into three parcels near Suncrest.
      Nka Lower Weaver Way, Deer Park, WA 99006
      View Details
    • New
      $75,000
      4.00 Acres

      Four Acres Treed Land Parcel

      Four acres of treed land near Spokane and Deer Park.
      Nka Lower Weaver Way, Deer Park, WA 99006
      View Details
    • $90,000
      5.00 Acres

      Newport WA 5-Acre Land

      5-acre parcel near Diamond Lake, ideal for recreation or building.
      Nka Pne Rd, Newport, WA 99156
      View Details
    • $115,000
      10.13 Acres

      Land Near Little Spokane River

      10.13 acres near Newport with river views.
      1901 Pines Rd, Newport, WA 99156
      View Details
    • New
      $120,000
      6.31 Acres

      Land with Scenic Views

      6+ acre property near Spokane with building pad installed.
      Nka Lower Weaver Way, Deer Park, WA 99006
      View Details
    • $290,000
      30.12 Acres

      Secluded Acreage with Mountain Views

      30 acres with power, septic, springs, and mountain views.
      1022 Spring Hill Rd, Newport, WA 99156
      View Details
    • $110,000
      31.50 Acres

      31.5 Acres Recreational Land Chewelah

      31.5 acres of recreational land with diverse natural features.
      3401 Red Marble Rd, Chewelah, WA 99109
      View Details
    • $850,000
      54.46 Acres

      Spokane Land Development Opportunity

      54+ acres of land suitable for development or private use.
      72XX Bernhill Rd, Spokane, WA 99208
      View Details
    • New
      $75,000
      Pending

      Land Near Mt. Spokane Park

      2+ acres of raw land near Mt. Spokane State Park.
      N Mount Spokane Park Dr, Spokane, WA 99021
      View Details
    • $39,999
      0.25 Acres

      Washington State Recreational Land

      Quarter-acre hunting & recreation parcel
      41XX Deer Lake Rd, Loon Lake, WA 99148
      View Details
    • $125,000
      31.50 Acres

      3401 Red Marble Rd

      Land • 31.50 Acres
      3401 Red Marble Rd, Chewelah, WA 99109
      View Details
    • $110,000
      5.00 Acres

      Five Acres Near Diamond Lake

      Recreational & Residential Land
      0 Nka Pne Rd, Newport, WA 99156
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    Web Page
    View other agents
    in the same area
    Request Owner's contact information
    Jennifer Shupe, Deer Park, WA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    Send Message to
    Jennifer Shupe, Deer Park, WA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    (509) 879-1128
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!