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    15207 N Newport Hwy Mead, WA 99021

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    For Lease
    $3,500 /Mo ($14 SF/Yr)

    Light industrial or mechanic shop space available for lease.

    Property size:
    2,918 SF
    Lot size:
    0.93 Acres

    Property Features for 15207 N Newport Hwy

    General Information

    Size
    2,918 SF
    Lot size
    0.93 Acres

    Source: Kiemle Hagood Agent Mark Lucas

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

    Overview

    Industrial Shop Space For Lease

    This property offers a 2,918 square foot shop building suitable for light industrial manufacturing or use as a mechanic shop. The property is available for lease at $3,500 per month, NNN. Refer to the flyer for additional details and the floor plan. Note that the house on the parcel is not included in the lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Mead
    County
    Spokane
    State
    Washington
    Longitude
    -117.35182
    Latitude
    47.79521

    Nearby Similar for Lease

    • $8 SF/Yr
      47,555 SF

      Retail Building on Newport Highway

      Retail space for lease with high visibility and access.
      15228 N Newport Hwy, Mead, WA 99021
      View Details
    • Contact for pricing
      31,500 SF

      Retail Pads For Lease

      Retail pads available for lease with proposed buildings.
      14400 N Newport Hwy, Mead, WA 99021
      View Details
    • $1,017 /Mo
      1,017 SF

      Retail Space For Rent

      Retail space available for lease in Mead, Washington.
      12124 N Market St, Mead, WA 99021
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Light industrial or mechanic shop space available for lease.
    Where is this manufacturing property located?
    The property is located at 15207 N Newport Hwy Mead, WA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Light industrial/mechanic shop space available for lease.; - Affordable monthly rent of $3500/Month/NNN.; - Suitable for manufacturing or mechanic businesses.
    (509) 755-7524
    Request Owner's contact information
    15207 N Newport Hwy Mead, WA 99021
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    Mead, WA 99021
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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
    15207 N Newport Hwy Mead, WA 99021
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