Fenced Yard Industrial
For Sale
Contact for pricing
728 N Cook St, Spokane, WA 99202
6,300 SF light industrial building with a fully fenced yard and overhead doors for efficient loading and circulation.
Property Size6,300 SF
Lot Size0.49 Acres
Price / SF$134.92
Days on Market207
Property Features for 728 N Cook St
General Information
Standard status
Active
Size
6,300 SF
Class
C
Lot size
0.49 Acres
Property subtype
Industrial, Mixed Use, Office
Zoning
Light Industrial
Site & Location
Neighborhood
East Central
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1966
Buildings
1
Units
1
Listing Agency:
Kiemle Hagood
Listed By:
CRAIG SOEHREN · License #22137
(509) 755-7548
Source:
Crexi
Added: Apr 8
Changed: Oct 25
Last Checked: Oct 30 at 10:54AM
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 Kiemle Hagood
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Investment Insights
Based on property information with market context.
This 6,300 SF industrial building sits on a 0.49-acre lot and is zoned light industrial, making it well suited for a range of manufacturing, warehousing, or service operations. Built in 1966, the property offers functional space designed for day-to-day business use.
The site includes a fully fenced yard area and overhead doors facing Cook Street as well as the rear yard, supporting straightforward loading and circulation. The property also has close access to Trent Avenue and is a short drive to I-90, providing convenient transportation connectivity throughout the Spokane area and beyond.
The site includes a fully fenced yard area and overhead doors facing Cook Street as well as the rear yard, supporting straightforward loading and circulation. The property also has close access to Trent Avenue and is a short drive to I-90, providing convenient transportation connectivity throughout the Spokane area and beyond.
Key Highlights
- 6,300 SF light industrial building on a 0.49‑acre lot
- Zoned light industrial, offering flexibility for a variety of business uses
- Originally built in 1966, with functional space for manufacturing, warehousing, or service operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,153
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,060
$823.1K
Cap Rate 7%
$587,900
$587.9K
Cap Rate 9%
$457,256
$457.3K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$53.7K $8.52/SF
− Vacancy
−$5.3K −$0.83/SF
EGI
$48.4K $7.69/SF
− OpEx
−$7.3K −$1.15/SF
NOI
$41.2K $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%
$823,060
Cap Rate 7%
$587,900
Cap Rate 9%
$457,256
Alternative Uses
Best Use
Warehouse
$587.9K
$514.4K – $685.9K
NOI $41,153 @ 7.0% cap · market cap 4.84%
Second Best
Industrial
$523.6K
$458.2K – $610.9K
NOI $36,655 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,778 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99202, WA
21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - 6,300 SF light industrial building with a fully fenced yard and overhead doors for efficient loading and circulation.
Where is this flex space located?
The property is located at 728 N Cook St Spokane, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6,300 SF light industrial building on a 0.49‑acre lot; Zoned light industrial, offering flexibility for a variety of business uses; Originally built in 1966, with functional space for manufacturing, warehousing, or service operations
