Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6222 N Maple St Spokane, WA 99205

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Located on the corner of N. Maple St. and W. Francis Ave.

    Property size:
    1,049 SF
    Lot size:
    1,049 SF

    Property Features for 6222 N Maple St

    General Information

    Size
    1,049 SF

    Building Details

    Year built
    1954

    We can help!

    Listing Contact
    Don Jamieson
    Source: Naiglobal

    Listing Agent: Don Jamieson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corner Buildable Land Parcel

    Located on the northwest and northeast corners of Francis Avenue and Maple/Walnut Street, this property comprises five parcels totaling 38,144 square feet, or approximately 0.876 acres, of buildable land. The parcel dimensions offer frontage of 243 feet on Francis Avenue, 98 feet on Maple Street, and 136 feet on Walnut Street. The zoning is OR-35, designated for office-retail use on 0.71 acres, and RSF, intended for residential single-family use on 0.165 acres. The property is located on the corner of North Maple Street and West Francis Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4348064
    Latitude
    47.7150918

    Nearby Similar for Lease

    • $18 SF/Yr
      28,200 SF

      Downtown Spokane Modern Office Space

      Modernized office space in Downtown Spokane with flexible configurations.
      170 S Lincoln St, Spokane, WA 99201
      View Details
    • $11 SF/Yr
      8,784 SF

      Spokane Flex Warehouse Opportunity

      Functional flex warehouse with ample outdoor storage in Spokane.
      320 N Lee St, Spokane, WA 99202
      View Details
    • $3,333 /Mo
      25,750 SF

      Spokane Industrial Flex Business Park

      Class A industrial flex spaces available for lease.
      5807-5817 W Thorpe Rd, Spokane, WA 99224
      View Details
    • $21 SF/Yr
      3,955 SF

      Updated Medical Building Near Hospital

      Newly updated medical building with move-in ready and expandable spaces.
      220 E Rowan Ave, Spokane, WA 99207
      View Details
    • $28 SF/Yr
      1,660 SF

      Wandermere Retail Space For Lease

      High-visibility retail space in Wandermere area with ample parking.
      12204 N Division St, Spokane, WA 99218
      View Details
    • $1,195,000
      2,842 SF

      Downtown Spokane Professional Office Building

      Two-story office/retail building with basement and rooftop deck.
      425-427 W 1St Ave, Spokane, WA 99202
      View Details
    • $18 SF/Yr
      14,400 SF

      Downtown Spokane Retail Space Available

      6,400 SF retail space in the heart of Spokane.
      225 W Riverside Ave, Spokane, WA 99201
      View Details
    • Contact for pricing
      55,452 SF

      Spokane Retail Building with Parking

      Commercial building in Spokane's Northeast corridor, ideal for retail.
      3919 N Market St, Spokane, WA 99207
      View Details
    • $2,317 /Mo
      3,100 SF

      Spokane Office/Warehouse Space for Lease

      Office and warehouse spaces available for lease in Spokane.
      910-1026 N Lake Rd, Spokane, WA 99212
      View Details
    • $3,500 /Mo
      126,867 SF

      South Hill Retail Space Available

      Retail spaces for lease in high-traffic South Hill neighborhood.
      802 E 29Th Ave, Spokane, WA 99203
      View Details
    • $22 SF/Yr
      62,443 SF

      Downtown Spokane Skywalk Restaurant Space

      Skywalk-connected restaurant space in the heart of downtown Spokane.
      618 W Riverside Ave, Spokane, WA 99201
      View Details
    • $16 SF/Yr
      1,312 SF

      Spokane Retail/Office Leasing Opportunity

      Prime Spokane location with versatile retail and office space.
      915 E Hawthorne Rd, Spokane, WA 99218
      View Details

    FAQs

    What type of property is this?
    Commercial land - Located on the corner of N. Maple St. and W. Francis Ave.
    Where is this commercial land located?
    The property is located at 6222 N Maple St Spokane, WA.
    What are key features of this property?
    This property features: - 38,144 SF+\/- (.876 Acres) of Buildable Land; - Located on the NW & NE Corners of Francis Ave. & Maple/Walnut St.; - Zoning: OR-35 (Office-Retail on .71 Acres) and RSF (Residential Single Family on .165 Acres)
    (509) 362-3401
    Request Owner's contact information
    6222 N Maple St Spokane, WA 99205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6222 N Maple St
    Spokane, WA 99205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6222 N Maple St Spokane, WA 99205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Don Jamieson
    (509) 362-3401
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.