Listing Agency: Coldwell Banker Tomlinson Spokane

Listed By: Michael Rassier · License #WA

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 7:33AM

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Investment Insights

Based on property information with market context.

This medical office property includes an existing structure on a large corner lot, with regional commercial zoning and customer parking. The roof was replaced in 2018, providing a documented improvement to the property.

Located at 605 N Barker Rd in Greenacres, WA, the site recorded a traffic count of 15,300 cars per day in 2022. The corner-lot configuration and high-traffic setting are directly relevant to office users serving customers or patients.

Key Highlights

• Regional commercial zoning
• Large corner lot with customer parking
• 15,300 cars per day traffic count recorded in 2022

Property Analytics

Property Profile

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 99016, WA

18,496

Population

8,004

Households

2.3

Avg Household Size

38

Median Age

38%

College-Educated

95%

High-School Grad

24.6 sq mi

ZIP Area

752

Density / Sq Mi

$94,253

Median Household Income

$56,661

Median Earnings

$1,715

Median Rent

$450,000

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Existing structure with regional commercial zoning and a corner-lot setting for customer-oriented office use.

Where is this medical office space located?

The property is located at 605 N Barker Rd Greenacres, WA.

What are key features of this property?

This property features: Regional commercial zoning; Large corner lot with customer parking; 15,300 cars per day traffic count recorded in 2022