521 S Fir Ave Deer Park, WA 99006
521 S Fir Ave, Deer Park, WA, 99006
Contact for pricing
For Sale
Contact for pricing
Flex space
Property Size7,000 SF
Lot Size0.92 Acres
Price / SF$185
Days on Market670
Property Features for 521 S Fir Ave
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.92 Acres
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1986
Listing Agency
NAI Black - Spokane
(509) 622-3554
Listed by
Mark McLees · License #WA
Source
Crexi
Added: Sep 16, 2024 Checked: Jul 16 at 12:11 pm
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 NAI Black - Spokane
Investment Insights
Based on property information with market context.
Key Highlights
- 7,000± SF Office/Warehouse Space
- Four warehouse spaces with overhead doors
- Two executive offices featuring built‑in desks
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 | $140.3k | $20.04 |
| − Vacancy | −$30.1k | −$4.30 |
| EGI | $110.2k | $15.74 |
| − OpEx | −$27.5k | −$3.93 |
| NOI | $82.6k | $11.80 |
7,000 SF · lease $20.04/SF/yr · vacancy 21.47% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.38M
NOI $82,621 @ 7.0% cap · market cap 6.38%
Second Best
Warehouse
$700.0K
$612.5K – $816.6K
NOI $48,998 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,225 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
Where is this flex space located?
The property is located at 521 S Fir Ave Deer Park, WA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 7,000± SF Office/Warehouse Space; Four warehouse spaces with overhead doors; Two executive offices featuring built‑in desks
