Auto Shop Building on Large Corner
For Sale
$849,000
111 W First St, Deer Park, WA 99006
Former autobody repair shop with nearly 6,000 SF of buildings and extra corner-lot parking space.
Property Size5,820 SF
Price / SF$145.88
Days on Market89
Property Features for 111 W First St
General Information
Standard status
Active
Size
5,820 SF
Building Details
Year Built
2004
Buildings
3
Listing Agency:
Real Estate Marketplace NW,Inc
Listed By:
Jim Palmer Jr., Susan Palmer · License #86914
(509) 435-2745
Source:
Jonwalker
Added: Jul 29
Changed: Oct 7
Last Checked: Oct 24 at 9:30PM
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 Real Estate Marketplace NW,Inc
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Investment Insights
Based on property information with market context.
This auto shop property was previously used as an autobody repair shop and includes almost 6,000 square feet of buildings. The buildings are described as clean and in excellent condition.
The site sits on a large corner lot with extra space that can support additional parking. In addition to the three buildings on site, there are four storage sheds, providing extra on-site storage for tools, materials, or equipment.
Located at 111 W 1st St in Deer Park, WA 99006, the property’s site configuration offers a practical layout for an automotive-focused tenant or a similar light service operation needing multiple buildings and supplemental storage.
The site sits on a large corner lot with extra space that can support additional parking. In addition to the three buildings on site, there are four storage sheds, providing extra on-site storage for tools, materials, or equipment.
Located at 111 W 1st St in Deer Park, WA 99006, the property’s site configuration offers a practical layout for an automotive-focused tenant or a similar light service operation needing multiple buildings and supplemental storage.
Key Highlights
- Almost 6,000 SF of buildings previously used for autobody repair
- Large corner lot with extra space for additional parking
- 3 buildings plus 4 storage sheds for added on‑site storage
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
NOI $63,963 @ 7.0% cap · market cap 7.53%
Second Best
Industrial
$479.3K
$419.4K – $559.2K
NOI $33,549 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,139 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Home Improvements & Furnishings 20%
Dining 13%
Bi-Mart
Shops & Services
15,297 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,790 visits/mo
0.2 miles
Pizza Factory
Dining
3,893 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,537 visits/mo
0.3 miles
AutoZone
Shops & Services
3,166 visits/mo
0.4 miles
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
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Market
Vacancy Rate% for Retail in West region
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 - Former autobody repair shop with nearly 6,000 SF of buildings and extra corner-lot parking space.
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: Almost 6,000 SF of buildings previously used for autobody repair; Large corner lot with extra space for additional parking; 3 buildings plus 4 storage sheds for added on‑site storage
