Live-Work Compound with Spray
For Sale
$750,000
4105E SPRINGDALE-HUNTERS Rd, Springdale, WA 99173
COMMERCIAL - SPRINGDALE, WA
Property Size7,000 SF
Lot Size20.00 Acres
Price / SF$107.14
Days on Market106
Property Features for 4105E SPRINGDALE-HUNTERS Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Parking features
Off Street, Parking Lot
Exterior features
Fence, Storage
Fencing
Fenced
Directions
Take Hwy 395 to Loon Lake and turn West on Hwy 292. Go approximately 5 miles to Springdale and turn right onto Main Street (Hwy 231). Follow out of town and turn left on Springdale Hunters Rd. Travel 1.5 miles to sign on left.
Subdivision
S11 - Southeast County
Standard status
Active
APN
2447900
Size
7,000 SF
Lot size
20.00 Acres
Taxes and HOA fees
Tax Description
N1/2 SW1/4 NE1/4 04-29-40
Tax Annual Amount
4085
Legal Description
N1/2 SW1/4 NE1/4 04-29-40
Utilities
Heating system
Radiant, Wood, Radiant Floor
Water source
Well, Private
Building Details
Year built
2011
Flooring type
Concrete
Additional Structures
Storage
Listing Agency:
KELLER WILLIAMS REALTY COLVILLE
(509) 684-1414
Listed By:
Day Star Realty Team
(509) 593-1059
Added: Apr 23
Changed: Aug 4
Last Checked: Aug 6 at 7:06PM
MLS# 45809
Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Live-work compound on 20 acres at 4105E Springdale-Hunters Rd in Springdale, WA, featuring turnkey commercial facilities designed around shop operations. The property includes two connected insulated and finished shops plus a cold storage building. The primary 7,000 SF workshop is set up with radiant floor heat, open workspaces, and a professional spray booth with an integrated air system, supporting craftsmanship or light manufacturing uses.
An attached showroom/office or guest quarters includes a 3/4 bath and kitchenette. Reinforced concrete aprons and outdoor work areas add operational utility, along with fenced and storage features and off-street parking with a parking lot. A private high-producing well provides water service.
Additional residential and horticultural improvements are also included: a custom 1,881 SF log home and three large greenhouses. Built in 2011 with concrete flooring and radiant/wood heating, the compound is anchored by on-site power and water through private well service.
An attached showroom/office or guest quarters includes a 3/4 bath and kitchenette. Reinforced concrete aprons and outdoor work areas add operational utility, along with fenced and storage features and off-street parking with a parking lot. A private high-producing well provides water service.
Additional residential and horticultural improvements are also included: a custom 1,881 SF log home and three large greenhouses. Built in 2011 with concrete flooring and radiant/wood heating, the compound is anchored by on-site power and water through private well service.
Key Highlights
- 20 acres live‑work compound at 4105E Springdale‑Hunters Rd, Springdale, WA
- Primary 7,000 SF workshop with radiant floor heat and open workspaces
- Professional spray booth with integrated air system for shop operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,727
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,540
$814.5K
Cap Rate 7%
$581,814
$581.8K
Cap Rate 9%
$452,522
$452.5K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$62.2K $8.88/SF
− Vacancy
−$4.0K −$0.57/SF
EGI
$58.2K $8.31/SF
− OpEx
−$17.5K −$2.49/SF
NOI
$40.7K $5.82/SF
Area
Stevens County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,540
Cap Rate 7%
$581,814
Cap Rate 9%
$452,522
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,233 @ 7.0% cap · market cap 13.36%
Second Best
Mixed Use
$1.19M
$1.05M – $1.39M
NOI $83,606 @ 7.0% cap · market cap 11.15%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,420 @ 7.0% cap · market cap 16.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 99173, WA
1,892
Population
747
Households
2.5
Avg Household Size
48
Median Age
25%
College-Educated
82%
High-School Grad
141.8 sq mi
ZIP Area
13
Density / Sq Mi
$53,227
Median Household Income
$25,036
Median Earnings
$850
Median Rent
$267,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - 20-acre live-work compound featuring a 7,000 SF radiant-heated workshop and integrated spray booth system.
Where is this live-work space located?
The property is located at 4105E SPRINGDALE-HUNTERS Rd Springdale, WA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 20 acres live‑work compound at 4105E Springdale‑Hunters Rd, Springdale, WA; Primary 7,000 SF workshop with radiant floor heat and open workspaces; Professional spray booth with integrated air system for shop operations
