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Spokane Industrial Property For Sale
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314 E Jackson Ave, Spokane, WA 99207

Industrial property with central location in Spokane, WA.

Property Size12,115 SF
Price / SF$74.29
Days on Market204

Property Features for 314 E Jackson Ave

General Information

Standard status Active
Size 12,115 SF
Property subtype Industrial
Zoning GC-70

Building Details

Buildings 1
Listing Agency: Byrd Real Estate Group, LLC
Listed By: Doug Byrd · License #WA
Source: Crexi
Added: Mar 19 Changed: Sep 26 Last Checked: Oct 7 at 11:21AM

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 Byrd Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This industrial property, located in Spokane, WA, offers 12,115 square feet of space. The property benefits from a central location.

Key Highlights

  • Central location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,487
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,409,740 $1.4M
Cap Rate 7%
$1,006,957 $1.0M
Cap Rate 9%
$783,189 $783.2K
Market Conditions
NOI Build-Up for 12,115 SF
Gross rent
$107.6K $8.88/SF
− Vacancy
−$6.9K −$0.57/SF
EGI
$100.7K $8.31/SF
− OpEx
−$30.2K −$2.49/SF
NOI
$70.5K $5.82/SF
Area
Spokane, WA
Vacancy
6.40%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,409,740
Cap Rate 7%
$1,006,957
Cap Rate 9%
$783,189

Alternative Uses

Best Use
Industrial
$1.01M
$881.1K – $1.17M (±1% cap)
NOI $70,487 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.73M – $3.65M (±1% cap)
NOI $218,797 @ 7.0% cap · market cap 24.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office HVAC Service Storage Facility Electrical Service

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

742
Businesses Nearby

Demographics for 99207, WA

32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial property with central location in Spokane, WA.
Where is this industrial property located?
The property is located at 314 E Jackson Ave Spokane, WA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Central location
(509) 326-8080 Call to check price and availability
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