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Auto Shop with Overhead Door

111 W First St, Deer Park, WA 99006

For Sale
$849,000
Pending

Commercial Sale, Deer Park, WA

Property Size5,820 SF
Lot Size0.72 Acres
Days on Market264

Property Features for 111 W First St

General Information

Property type Commercial Sale
Property subtype Other
Zoning DC
Parking 11
Subdivision West Addition to Deer Park
Lot features Fenced Yard, Level, Corner Lot, Oversized Lot
High school Deer Park
Elementary school district Deer Park
Directions From Crawford St in Deer Park go north on North Ave, then right on First St.
Standard status Pending
APN 28031.2217
Size 5,820 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Annual Amount 5123

Utilities

Heating system Electric (Heating), Natural Gas

Amenities

reception area
bathroom with shower
storage sheds
14-foot overhead door
partial fencing

Building Details

Year built 2004
Floors in Building 1
Building materials Steel Frame
Roof type Metal
Listing Agency: Real Estate Marketplace NW,Inc
Listed By: Jim Palmer Jr. · License WA #2775
Added: Feb 20 Changed: Oct 16 Last Checked: Nov 10 at 10:06PM
MLS# 202612451

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 5,820-square-foot auto shop property includes three primary buildings, office space, shop areas, and two storage sheds. The office has a reception area and a bathroom with a shower, while one of the main buildings includes a 14-foot overhead door. Steel-frame construction, a metal roof, and a combination of natural gas and electric heating support the existing improvements. Built in 2004, the property is situated on 0.72 acres and includes partial fencing and additional parking.

The corner-lot property is located at 111 W First St in Deer Park, Washington, next to Les Schwab. DC zoning and the existing automotive-oriented configuration provide a practical setting for an auto shop or related commercial operation.

Key Highlights

  • 5,820 square feet of improvements on 0.72 acres
  • Three main buildings plus two storage sheds
  • One building includes a 14‑foot overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,963
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,260 $1.3M
Cap Rate 7%
$913,757 $913.8K
Cap Rate 9%
$710,700 $710.7K
Market Conditions
NOI Build-Up for 5,820 SF
Gross rent
$95.7K $16.44/SF
− Vacancy
−$4.3K −$0.74/SF
EGI
$91.4K $15.70/SF
− OpEx
−$27.4K −$4.71/SF
NOI
$64.0K $10.99/SF
Area
Spokane County, WA
Vacancy
4.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,260
Cap Rate 7%
$913,757
Cap Rate 9%
$710,700

Alternative Uses

Best Use
Retail
$913.8K
$799.5K – $1.07M (±1% cap)
NOI $63,963 @ 7.0% cap · market cap 7.53%
Second Best
Industrial
$479.3K
$419.4K – $559.2K (±1% cap)
NOI $33,549 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,139 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Precious Metal Collision ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher 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.

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby
Well-served
Demand for This Use

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

Average Price Trend$/SF for Auto shops in Spokane County, WA

$184 Jul
$156 Aug
$195 Sep
$161 Oct

Properties on Market for Auto shops in Spokane County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Agri-Service — 603 S Fir Ave, Deer Park, WA 99006
  • Deer Park Auto Body — 412 W Crawford St, Deer Park, WA 99006
  • Precious Metal Collision Center & Auto Body — 111 W 1st St, Deer Park, WA 99006
  • Deer Park Diesel — 122 w crawford st, deer park, wa 99006
  • Sculley's Lube & Alignment Center — 33 W Crawford St, Deer Park, WA 99006

Frequently Asked Questions

What type of property is this?
Auto shop - Three buildings provide office, shop, and storage areas on a corner lot with additional parking.
Where is this auto shop located?
The property is located at 111 W First St Deer Park, WA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 5,820 square feet of improvements on 0.72 acres; Three main buildings plus two storage sheds; One building includes a 14‑foot overhead door
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Includes: Price & PSF · Cap rate · Location · Zoning

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