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    Clear-Span Flex Warehouse Title is generated by Realmo AI

    12432 W Sunset Hwy, Airway Heights, WA 99001

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    Clear-span industrial space with finished office mezzanine and direct US Route 2 frontage for owner-users or redevelopers.

    Type:INDUSTRIAL
    Property size:
    10,800 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $138/SF
    Added:
    Jun 26, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 1 at 1:51 am

    Property Features for 12432 W Sunset Hwy

    General Information

    Standard status
    Active
    Size
    10,800 SF
    Lot size
    0.65 Acres
    Property subtype
    INDUSTRIAL

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    Ryan Oberg
    Ryan Oberg

    Listing office Goodale & Barbieri Company

    Listing date Jun 26, 2026

    Source Moodyscre

    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 Goodale & Barbieri Company

    HighLights

    • 10,800 SF clear‑span industrial building with 18‑foot high walls and a 90' x 120' footprint
    • Approx. 5,000 SF mezzanine with finished office space plus open storage
    • 0.65 combined acres across two parcels (Parcel #15234.2814 and Parcel #15234.2815)
    • Direct U.S. Route 2 frontage with exposure for owner‑users or redevelopment
    • Commercial zoning with a mixed‑use overlay

    Overview

    The property at 12432 W Sunset Hwy includes a single clear-span building designed for flexible industrial use, with approximately 18-foot high walls. The structure offers a 90' x 120' footprint and totals 10,800 square feet of clear-span space. An additional approximate 5,000 square feet of mezzanine area is configured as finished office space, with open storage integrated into the upper level.

    The site totals 0.65 combined acres across two parcels (15234.2814 and 15234.2815) and provides direct U.S. Route 2 frontage, supporting prominent roadside visibility and convenient access for business operations. The property is described as positioned in the West Plains corridor, and it is noted to be just minutes from Fairchild Air Force Base, Amazon, and North 40 Outfitters.

    Designed to align with commercial zoning under a mixed-use overlay, the asset is suitable for an owner-user seeking a warehouse with integrated office space, or for a redevelopment project where a clear-span industrial footprint and mezzanine configuration can support future plans. The combination of open clear-span area and on-site office finish provides a practical setup for teams that need both production or storage flexibility and dedicated workspace.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $216.4k $20.04
    − Vacancy −$46.5k −$4.30
    EGI $170.0k $15.74
    − OpEx −$42.5k −$3.93
    NOI $127.5k $11.80
    10,800 SF · lease $20.04/SF/yr · vacancy 21.47% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,473 @ 7.0% cap · market cap 8.50%
    Second Best
    Warehouse
    $1.08M
    $945.0K – $1.26M (±1% cap)
    NOI $75,597 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $2.50M
    $2.18M – $2.91M (±1% cap)
    NOI $174,690 @ 7.0% cap · market cap 11.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.5834391
    Latitude
    47.6432706

    FAQs

    What type of property is this?
    Flex space - Clear-span industrial space with finished office mezzanine and direct US Route 2 frontage for owner-users or redevelopers.
    Where is this flex space located?
    The property is located at 12432 W Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10,800 SF clear‑span industrial building with 18‑foot high walls and a 90' x 120' footprint; Approx. 5,000 SF mezzanine with finished office space plus open storage; 0.65 combined acres across two parcels (Parcel #15234.2814 and Parcel #15234.2815)
    (509) 344-4909 Call to check price and availability
    More about this property
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