Light Industrial Warehouse with Fenced
4723 N Rebecca St, Spokane, WA 99217
For Sale
Contact for pricing
Warehouse and office improvements include secure outdoor storage, multiple access points, and 3-phase power.
Property Size6,800 SF
Lot Size1.43 Acres
Price / SF$143.38
Days on Market60
Property Features for 4723 N Rebecca St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Three-Phase Power
Amenities
conference room
Building Details
Buildings
Building Size
Construction
Listing Agency:
Daines Capital
(509) 590-9114
Listed By:
Seth Peterson
(509) 209-4920
Source:
Moodyscre
Added: Sep 16
Changed: Oct 29
Last Checked: Nov 12 at 8:06AM
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 Daines Capital
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,800-square-foot warehouse property at 4723 N. Rebecca St. includes approximately 6,260 square feet of warehouse space and 540 square feet of office space. The metal building has a 21-foot height, four 14' x 12' overhead doors, two bathrooms, a conference room, gas heaters, and a metal roof and siding. A fully fenced gravel yard provides secure outdoor storage, while 15 parking stalls support daily operations.
The property covers 1.43 acres across two parcels and is zoned Light Industrial. Five access points, including gates and curb cuts, provide entry from surrounding paved streets and sidewalks. Its location near the US-395/Wellesley Ave. interchange connects the site with transportation routes serving Spokane and the surrounding region.
The property covers 1.43 acres across two parcels and is zoned Light Industrial. Five access points, including gates and curb cuts, provide entry from surrounding paved streets and sidewalks. Its location near the US-395/Wellesley Ave. interchange connects the site with transportation routes serving Spokane and the surrounding region.
Key Highlights
- 6,800 SF service warehouse on 1.43 acres
- Approximately 6,260 SF of warehouse space and 540 SF of office space
- Four 14' x 12' overhead doors and 21' building height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,420
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,400
$888.4K
Cap Rate 7%
$634,571
$634.6K
Cap Rate 9%
$493,556
$493.6K
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$57.9K $8.52/SF
− Vacancy
−$5.7K −$0.83/SF
EGI
$52.3K $7.69/SF
− OpEx
−$7.8K −$1.15/SF
NOI
$44.4K $6.53/SF
Area
Spokane, WA
Vacancy
9.80%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$888,400
Cap Rate 7%
$634,571
Cap Rate 9%
$493,556
Alternative Uses
Best Use
Warehouse
$634.6K
$555.3K – $740.3K
NOI $44,420 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.54M – $2.05M
NOI $122,808 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
21 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99217, WA
19,298
Population
8,166
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
51.4 sq mi
ZIP Area
375
Density / Sq Mi
$71,807
Median Household Income
$43,267
Median Earnings
$1,267
Median Rent
$329,300
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Spokane, WA
Properties on Market for Warehouses in Spokane
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Classic Heated Storage — 3611 E Rich Ave, Spokane, WA 99217
- Self Storage of Spokane — 4415 N Market St, Spokane, WA 99207
- Conseal Containers, LLC — 3811 E Queen Ave, Spokane, WA 99217
- Guardian Self Storage — 3727 E Queen Ave, Spokane, WA 99217
- The Armory — 3605 E Rowan Ave, Spokane, WA 99217
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and office improvements include secure outdoor storage, multiple access points, and 3-phase power.
Where is this warehouse located?
The property is located at 4723 N Rebecca St Spokane, WA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 6,800 SF service warehouse on 1.43 acres; Approximately 6,260 SF of warehouse space and 540 SF of office space; Four 14' x 12' overhead doors and 21' building height
