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    22820 E Appleway Ave Liberty Lake, WA 99019

    For Sale
    $5,800,000

    High-quality flex industrial property suitable for owner-users or investors.

    Property size:
    36,498 SF
    Lot size:
    2.46 Acres

    Property Features for 22820 E Appleway Ave

    General Information

    Size
    36,498 SF
    Lot size
    2.46 Acres

    Source: Kiemle Hagood Agent Tim Kestell

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

    Overview

    Liberty Lake Flex Industrial Property

    This multi-tenant, single-level flex industrial property in Liberty Lake offers a rare opportunity for both owner-users and investors. Constructed in 1992 and renovated in 2015, the building provides approximately 36,498 square feet of space on a land area of approximately 2.46 acres (107,157 square feet). The property includes approximately 176 parking stalls, equating to a ratio of approximately 4.82 stalls per 1,000 square feet. It features newer roofing, a gym/warehouse space, and an outdoor break area. The property is zoned for industrial use (I) and has 440V power. Convenient freeway access enhances its appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Bobby's Cafe & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.0981306
    Latitude
    47.6731974

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    FAQs

    What type of property is this?
    Flex space - High-quality flex industrial property suitable for owner-users or investors.
    Where is this flex space located?
    The property is located at 22820 E Appleway Ave Liberty Lake, WA.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: - ±36,498 SF high-quality flex industrial property suitable for owner-user or investor.; - Rare Liberty Lake location with convenient freeway access.; - Ample parking with ±176 stalls (±4.82 per 1,000 SF).
    (509) 755-7542
    Request Owner's contact information
    22820 E Appleway Ave Liberty Lake, WA 99019
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    Realmo Value Estimation

    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.

    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.

    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
    22820 E Appleway Ave Liberty Lake, WA 99019
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