33 Emma, Rockford, WA 99030
Commercial building with residential space on 0.50 acres.
- Added:
- Oct 31, 2022
- Days on Market:
- 1317
- Last Refresh:
- May 13 at 8:27 pm
Property Features for 33 Emma
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.50 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1902
Listing agent Kelly Right Real Estate
Listing office Kelly Right Real Estate (509) 489-7000
Listing date Oct 31, 2022
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Kelly Right Real Estate
HighLights
- Zoning: Res/Commercial (allows for flexible use)
- Historical building with unique character and potential appeal
- Residential living quarters offer live and work potential
- Shop space and storage are suitable for business operations
- Ample space on a .50 acre lot, comprised of 4 lots total
- Year Built: 1902 (historical significance)
Overview
Local Financial Insights For Retail
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 | $59.2k | $16.44 |
| − Vacancy | −$2.7k | −$0.74 |
| EGI | $56.5k | $15.70 |
| − OpEx | −$17.0k | −$4.71 |
| NOI | $39.6k | $10.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Spokane
- State
- Washington
- Longitude
- -117.1307044
- Latitude
- 47.4525106
