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    Spokane Valley Industrial Property Title is generated by Realmo AI

    3315 N Tschirley Rd, Greenacres, WA 99016

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    Claim this Listing
    For Sale
    $2,200,000

    COMMERCIAL - Greenacres, WA

    Property size:
    11,700 SF
    Lot size:
    1.95 Acres
    Price / SF:
    $188/SF
    Added:
    Jan 5, 2026
    Days on Market:
    183
    Last Refresh:
    Jul 7 at 3:06 pm

    Property Features for 3315 N Tschirley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    IND
    Basement
    None
    Standard status
    Active
    APN
    55063.0135
    Size
    11,700 SF
    Lot size
    1.95 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    See exhibit A
    Tax Annual Amount
    11023

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1976
    Building materials
    Steel Siding, Frame, Steel Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Joel Elgee
    Joel Elgee

    Listing agent Joel Elgee License #DB30193

    Listing office Avalon 24 Real Estate 3760 E Seltice Way #200, Post Falls, WA

    Listing date Jan 5, 2026

    MLS# 26-133

    Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 11,700 SF industrial shop includes 2–3 private offices and oversized ground‑level doors plus a loading dock
    • Almost 2 acres of land with room to expand
    • Small house on‑site can be used as a rental or converted to an office
    • Utilities include public water and public sewer
    • Heating includes electric and natural gas with forced air system
    • Steel frame construction; composition roof; built in 1976

    Overview

    This industrial property in the Spokane Valley features 11,700 square feet of shop space, including 2 to 3 private offices, situated on almost 2 acres of land with room for expansion. The property also includes a small house suitable for rental income or conversion into an office space. It is equipped with oversized ground-level doors and a loading dock. The location is a few blocks from the Amazon distribution center in Greenacres, WA. Seller financing is available.

    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 $196.6k $16.80
    − Vacancy −$29.5k −$2.52
    EGI $167.1k $14.28
    − OpEx −$41.8k −$3.57
    NOI $125.3k $10.71
    11,700 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.79M
    $1.57M – $2.09M (±1% cap)
    NOI $125,307 @ 7.0% cap · market cap 5.70%
    Second Best
    Warehouse
    $1.09M
    $955.4K – $1.27M (±1% cap)
    NOI $76,428 @ 7.0% cap · market cap 3.47%
    Theoretical Best
    Office A
    $2.54M
    $2.22M – $2.97M (±1% cap)
    NOI $177,915 @ 7.0% cap · market cap 8.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greck Upholstery Furniture & Home Goods

    Suggested Use

    HVAC Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom Computer & Electronic Repair Furniture & Home Goods

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

    Similar Places Nearby

    • High on Fire BBQ — 1234 Address Way, Greenacres, WA 99016
    • Boards by Brit — 18203 E Appleway Ave, Spokane Valley, WA 99016

    Location Insight

    • Map
    • Local Demand
    City
    Greenacres
    County
    Spokane
    State
    Washington
    Longitude
    -117.171425
    Latitude
    47.687568

    FAQs

    What type of property is this?
    Flex space - Industrial property with shop space and expansion potential near Amazon.
    Where is this flex space located?
    The property is located at 3315 N Tschirley Rd Greenacres, WA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 11,700 SF industrial shop includes 2–3 private offices and oversized ground‑level doors plus a loading dock; Almost 2 acres of land with room to expand; Small house on‑site can be used as a rental or converted to an office
    More about this property
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