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    519 Diagonal Street Clarkston, WA 99403

    View on Map
    For Lease
    $84,000

    COMMERCIAL - Clarkston, WA

    Property size:
    7,900 SF
    Lot size:
    0.40 Acres
    Added:
    Sep 22, 2025
    Days on Market:
    192
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 519 Diagonal Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking
    24
    Exterior features
    Paved Outside Area
    Standard status
    Active
    APN
    1001270130000, 1001270090001
    Size
    7,900 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    TaxDescription
    Pt Lts 1-9 and 13 of Blk 27 of Clarkston

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Flooring type
    Concrete
    Building materials
    Concrete, Frame, Metal Siding
    Roof type
    Flat

    We can help!

    Listing Contact
    Connor Ward
    Connor Ward

    Listing agent Connor Ward License #SP56641

    Listing office Kelly Right Real Estate 250 Nw Blvd Suite 105, Twin Falls, WA

    Listing date Sep 22, 2025

    MLS# 98962492

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clarkston Commercial Property with Equipment

    This commercial property in Clarkston, WA, offers a building with land and select equipment. The property includes approximately 24 paved parking spaces, with the potential to lease these spaces to neighboring businesses. A steel shop, added in 2005 and renovated in 2020, features modern electrical and plumbing systems, upgraded HVAC, vinyl plank and epoxy flooring, a reception area, and fresh paint inside and out. The space includes three bathrooms, an air compressor with a reserve tank, a waste oil heater, four in-ground lifts, two pits, and a 9K hoist. Additional inventory is negotiable. The property is suited for auto shops, automotive properties, and retail properties. The building has a size of 7900 square feet and the lot size is 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    QuadCities Tire & Auto, ... (Bike/Boat/Book/etc) Store A-1 Tire and Auto (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A-1 Autobody — 1364 Bridge St, Clarkston, WA 99403
    • Costa's Auto Repair Service — 944 6th St, Clarkston, WA 99403
    • QuadCities Tire & Auto, LLC — 519 Diagonal St, Clarkston, WA 99403
    • A-1 Tire and Auto — 519 Diagonal St, Clarkston, WA 99403
    • TLR Suspension — 1310 Boston St, Clarkston, WA 99403

    Location Insight

    • Map
    • Local Demand
    City
    Clarkston
    County
    Asotin
    State
    Washington
    Longitude
    -117.0447972
    Latitude
    46.4164652

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      Established Fine-Dining Restaurant Opportunity

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      Renovated Commercial Space in Clarkston

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      Industrial Warehouse in Port of Clarkston

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    FAQs

    What type of property is this?
    Auto shop - Commercial building with land, parking, and equipment for various businesses.
    Where is this auto shop located?
    The property is located at 519 Diagonal Street Clarkston, WA.
    What is the lease rate?
    The lease rate is $84,000.
    What are key features of this property?
    This property features: High visibility and accessibility in a prime location; Approximately 24 paved parking spaces (potential leasing income); Robust steel shop (added 2005, renovated 2020) with modern systems
    (208) 305-8093
    We can help!
    Listing Contact
    Connor Ward
    Connor Ward
    Real Estate License ID: SP56641
    Learn More
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    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.

    More about this property
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