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    11626 East 1St Ave Spokane Valley, WA 99037

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    For Sale
    $369,100

    Storage units and yard space for sale, leased until 2028.

    Property size:
    5,060 SF
    Lot size:
    0.34 Acres

    Property Features for 11626 East 1St Ave

    General Information

    Size
    5,060 SF
    Lot size
    0.34 Acres

    Source: Re/Max of Spokane-Commercial Agent Tom Watson-Mgr.Broker

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

    Overview

    Storage Units and Yard Space

    This property features storage units and yard space. The property is currently leased through April 30, 2028, with an option to extend for 5 years. The property size is 5060 square feet. It is intended to be sold with another property located at 11812 E Sprague Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.24472
    Latitude
    47.655476

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    FAQs

    What type of property is this?
    Self storage facility - Storage units and yard space for sale, leased until 2028.
    Where is this self storage facility located?
    The property is located at 11626 East 1St Ave Spokane Valley, WA.
    What is the asking price?
    The asking price for this property is $369,100.
    What are key features of this property?
    This property features: - Leased through April 30, 2028, providing immediate income.; - Option to extend the lease for 5 years, offering long-term stability.; - Includes storage units and yard space, catering to diverse tenant needs.
    (509) 220-3835
    Request Owner's contact information
    11626 East 1St Ave Spokane Valley, WA 99037
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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
    11626 East 1St Ave Spokane Valley, WA 99037
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