Clearspan Warehouse
For Sale
Contact for pricing
11319 W JAKE LN, Airway Heights, WA 99001
Industrial facility with office space, two restrooms, three-phase power, and drive-through loading access.
Property Size7,200 SF
Lot Size0.73 Acres
Price / SF$131.94
Days on Market57
Property Features for 11319 W JAKE LN
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.73 Acres
Property subtype
Industrial
Zoning
Heavy Industrial
Warehouse & Industrial
Clear Height
21 ft
Clear Span
Yes
Drive-In Doors
2
Three-Phase Power
Yes
Building Details
Year Built
1984
Buildings
1
Stories
1
Building Size
7,200 SF
Listing Agency:
Kiemle HaGood
Listed By:
Tracy Poff · License #WA
(509) 755-7588
Source:
Crexi
Added: Aug 21
Changed: Oct 9
Last Checked: Oct 16 at 5:57AM
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 Kiemle HaGood
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Investment Insights
Based on property information with market context.
This 7,200 SF warehouse offers a clearspan interior with a 21-foot clear height, supporting flexible industrial operations. The building includes office space, two restrooms, three-phase power, and septic service. Two grade-level loading doors provide drive-through capability for efficient movement of equipment and materials.
The property occupies a 31,954 SF site within Airways Industrial Park. It is positioned just west of Hayden Road in Airway Heights, between McFarlane and 21st Ave. Additional buildings in the industrial park are also available for sale or lease.
The property occupies a 31,954 SF site within Airways Industrial Park. It is positioned just west of Hayden Road in Airway Heights, between McFarlane and 21st Ave. Additional buildings in the industrial park are also available for sale or lease.
Key Highlights
- 7,200 SF clearspan warehouse building
- 21' clear height
- Two grade loading doors with drive‑through capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,398
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,960
$1.0M
Cap Rate 7%
$719,971
$720.0K
Cap Rate 9%
$559,978
$560.0K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$64.8K $9.00/SF
− Vacancy
−$5.5K −$0.77/SF
EGI
$59.3K $8.24/SF
− OpEx
−$8.9K −$1.24/SF
NOI
$50.4K $7.00/SF
Area
Spokane County, WA
Vacancy
8.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,960
Cap Rate 7%
$719,971
Cap Rate 9%
$559,978
Alternative Uses
Best Use
Warehouse
$720.0K
$630.0K – $840.0K
NOI $50,398 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,460 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
21 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99001, WA
8,859
Population
2,739
Households
3.2
Avg Household Size
34
Median Age
18%
College-Educated
91%
High-School Grad
8.0 sq mi
ZIP Area
1,107
Density / Sq Mi
$60,182
Median Household Income
$34,200
Median Earnings
$1,271
Median Rent
$281,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Ray's Big Bays — 11822 W 21st Ave, Airway Heights, WA 99001
- ABC Mini Storage — 1601 S Lyons Rd, Airway Heights, WA 99001
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with office space, two restrooms, three-phase power, and drive-through loading access.
Where is this warehouse located?
The property is located at 11319 W JAKE LN Airway Heights, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,200 SF clearspan warehouse building; 21' clear height; Two grade loading doors with drive‑through capability
