2002 S Garfield Rd, Airway Heights, WA 99001
- Added:
- Apr 6, 2026
- Days on Market:
- 83
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 2002 S Garfield Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- I1
- Standard status
- Pending
- APN
- 15252.0401
- Size
- 3,960 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4476
Utilities
- Heating system
- Ductless (Heating), Natural Gas, Electric (Heating)
- Cooling system
- Ductless, Window Unit(s)
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Building materials
- Steel Frame
- Roof type
- Metal
- Additional Structures
- Workshop
Listing agent Amber Leigh (855) 450-0442
Listing office REAL Broker LLC 1400 112th Ave SE, Ste 100, Bellevue, WA (855) 450-0442
Listing date Apr 6, 2026
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3,960 SF usable space in a 2‑story steel frame metal building built in 2007
- Nearly half‑acre fully fenced lot with gated access
- Layout includes 18 interior rooms (~16x16), plus one large room (~20x20) and a large roll‑up door
- Utilities include city water and septic, with 2 bathrooms and gas heat plus ductless mini‑split(s)
- Heating/cooling: natural gas, electric heat, ductless cooling, and window unit(s); roof is metal
- Electrical service: 2‑phase 800 amp
Overview
Local Financial Insights For Warehouse
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 | $35.6k | $9.00 |
| − Vacancy | −$3.0k | −$0.77 |
| EGI | $32.6k | $8.24 |
| − OpEx | −$4.9k | −$1.24 |
| NOI | $27.7k | $7.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Airway Heights
- County
- Spokane
- State
- Washington
- Longitude
- -117.577538
- Latitude
- 47.636384
