Industrial Land with Large
6405 W Trails Rd Spokane, WA 99224
6405 W Trails Rd, Spokane, WA, 99224
$739,000
For Sale
$739,000
LAND - Spokane, WA
Property Size7,700 SF
Lot Size9.41 Acres
Price / SF$95.97
Days on Market139
Property Features for 6405 W Trails Rd
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 25091.9079
- Lot size
- 9.41 Acres
Building Details
- Additional Structures
- Workshop
Listing agency
Keller Williams Realty Coeur d
(208) 667-2399
Listed by
Seth Maefsky · License #25177
(208) 651-9700
Added: Mar 4 Updated: Jul 20 at 4:23PM Checked: Jul 21 at 9:06AM
MLS# 202612907
Copyright © 2026 Spokane Association of REALTORS®. 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.
This 9.41-acre industrial land parcel includes a large 7,700 sq ft shop designed for year-round use. The building is fully insulated and features radiant heated floors and custom industrial garage doors. A fully paved parking lot supports vehicle access and on-site operations.
The property is located at 6405 W Trails Rd in Spokane, WA 99224, and offers panoramic views of the city’s skyline. Adjacent to the parcel is the Romine Conservation Area, providing an open-setting backdrop.
In addition to the shop and paving, the listing states that infrastructure is already in place on the property, creating flexibility for future development plans alongside the existing improvements.
The property is located at 6405 W Trails Rd in Spokane, WA 99224, and offers panoramic views of the city’s skyline. Adjacent to the parcel is the Romine Conservation Area, providing an open-setting backdrop.
In addition to the shop and paving, the listing states that infrastructure is already in place on the property, creating flexibility for future development plans alongside the existing improvements.
Local Financial Insights For Warehouse
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 | $65.6k | $8.52 |
| − Vacancy | −$6.4k | −$0.83 |
| EGI | $59.2k | $7.69 |
| − OpEx | −$8.9k | −$1.15 |
| NOI | $50.3k | $6.53 |
7,700 SF · lease $8.52/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$718.6K
$628.7K – $838.3K
NOI $50,299 @ 7.0% cap · market cap 6.81%
Second Best
Industrial
$640.0K
$560.0K – $746.7K
NOI $44,800 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,062 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Inland Millworks
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 9.41-acre Spokane parcel includes a fully insulated 7,700 sq ft shop with radiant heated floors and paved parking.
Where is this flex space located?
The property is located at 6405 W Trails Rd Spokane, WA.
What is the asking price?
The asking price for this property is $739,000.
