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Single-Tenant Freestanding Office
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10 Crawford Street, Deer Park, WA 99006

Freestanding, single-tenant office building is 100% occupied and completed with 2025 renovations to major building systems.

Property Size718 SF
Price / SF$383.01
Days on Market156

Property Features for 10 Crawford Street

General Information

Standard status Active
Size 718 SF
Property subtype Office
Zoning CC
Occupancy 100%

Additional Details

Office Units 1

Building Details

Year Built 1942
Year Renovated 2025
Buildings 1
Units 1
Tenancy Single
Listing Agency: Daines Capital
Listed By: Cayden Kerr · License #24029593
Source: Crexi
Added: May 22 Changed: Oct 6 Last Checked: Oct 24 at 2:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daines Capital

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Investment Insights

Based on property information with market context.

This freestanding, single-tenant office building offers a turn-key, fully occupied setup. The property received recent renovations in 2025, including a new HVAC system, roof, windows, and exterior paint, supporting a well-maintained exterior and building envelope. It is available for sale as an office investment opportunity.

The building is located in Downtown Deer Park at 10 E. Crawford Ave, positioned along the area’s primary commercial corridor. The property is zoned CC and is situated within a walkable downtown environment with nearby amenities including restaurants, grocery stores, coffee shops, banks, and retail businesses.

Tours are available by appointment only, and the current tenant should not be disturbed. Financial information is available upon request.

Key Highlights

  • Freestanding, single‑tenant office building totaling 1,718 SF at 10 E. Crawford Ave in Downtown Deer Park
  • 100% occupied with a tenant in place
  • Renovations completed in 2025, including a new HVAC system, roof, windows, and exterior paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,475
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,500 $169.5K
Cap Rate 7%
$121,071 $121.1K
Cap Rate 9%
$94,167 $94.2K
Market Conditions
NOI Build-Up for 718 SF
Gross rent
$14.4K $20.04/SF
− Vacancy
−$3.1K −$4.30/SF
EGI
$11.3K $15.74/SF
− OpEx
−$2.8K −$3.93/SF
NOI
$8.5K $11.80/SF
Area
Spokane County, WA
Vacancy
21.47%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,500
Cap Rate 7%
$121,071
Cap Rate 9%
$94,167

Alternative Uses

Best Use
Office B
$121.1K
$105.9K – $141.3K (±1% cap)
NOI $8,475 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$165.9K
$145.2K – $193.6K (±1% cap)
NOI $11,614 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Deer Park Insurance Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 99006, WA

13,711
Population
5,287
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
94%
High-School Grad
164.1 sq mi
ZIP Area
84
Density / Sq Mi
$65,375
Median Household Income
$41,198
Median Earnings
$970
Median Rent
$366,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freestanding, single-tenant office building is 100% occupied and completed with 2025 renovations to major building systems.
Where is this office building located?
The property is located at 10 Crawford Street Deer Park, WA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Freestanding, single‑tenant office building totaling 1,718 SF at 10 E. Crawford Ave in Downtown Deer Park; 100% occupied with a tenant in place; Renovations completed in 2025, including a new HVAC system, roof, windows, and exterior paint
(509) 342-6206 Call to check price and availability
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