506 E Stover Grandview, WA 98930
COMMERCIAL - Grandview, WA
Property Features for 506 E Stover
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- INDUST /LIGHT
- Parking
- 21
- Standard status
- Active
- APN
- 23091522410
- Size
- 3,000 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Year
- 2026
Building Details
- Year built
- 2024
Listing agent Anwar Nassar License #21012326 (509) 840-1323
Listing office eXp Realty, LLC 601 W 1st Ave Ste 1400, Spokane, WA (888) 317-5197
Listing date Jul 12, 2026
Copyright © 2026 PACMLS. 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.
Buyer should verify all information to their satisfaction regarding existing conditions and any intended use. The site includes space intended for parking or potential expansion.
Key Highlights
- 3,000 SF light industrial building built in 2024
- Set on 0.73 acres in Grandview
- Functional layout that has been used as a construction company office and a banquet hall
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 | $45.7k | $15.24 |
| − Vacancy | −$3.1k | −$1.05 |
| EGI | $42.6k | $14.19 |
| − OpEx | −$10.6k | −$3.55 |
| NOI | $31.9k | $10.64 |
