Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1421 N Meadowwood Ln Liberty Lake, WA 99019

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Three-story office/medical space with ample parking and easy access.

    Property Features for 1421 N Meadowwood Ln

    General Information

    Standard status
    Active

    Building Details

    Year built
    2001

    We can help!

    Listing Contact
    Jon Jeffreys
    Jon Jeffreys
    Source: Crexi

    Listing Agency: NAI Black Listing Agent: Jon Jeffreys

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Liberty Lake Office/Medical Space

    This commercial property, constructed in 2001, features three stories, including a basement level. The property is zoned M3, which accommodates office and medical uses, along with various other types of businesses. It offers convenient access to I-90 and is located near Idaho and Spokane Valley. The site includes 69 on-site parking stalls, with additional public parking available nearby for overflow. The property is situated on a 1.73-acre lot.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Univision Computers (Liberty Lake, WA), Servants to Missions, OnlineHelpIT, Rostie Consulting, IT-Lifeline, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.103084
    Latitude
    47.671091

    Nearby Similar for Lease

    • $18 SF/Yr

      Renovated Class A Office Building

      Modern office space with flexible interior and highway visibility.
      23321 E Knox Ave, Liberty Lake, WA 99019
      View Details
    • $20 SF/Yr
      10,820 SF

      Remodeled Office Building in Liberty

      Recently remodeled office building with modern amenities and ample parking.
      2208 North Swing Ln, Liberty Lake, WA 99019
      View Details
    • Contact for pricing

      Liberty Lake Retail Showroom/Warehouse

      Single-tenant retail showroom/warehouse with I-90 visibility and high traffic.
      21605 E Country Vista Dr, Liberty Lake, WA 99019
      View Details
    • $1,200 /Mo

      Liberty Lake Office Space Available

      Office spaces for sale in Liberty Lake, Washington.
      1421 N Meadowwood Ln, Liberty Lake, WA 99019
      View Details
    • $20 SF/Yr

      Liberty Lake Office Space Available

      Office space for rent in Liberty Lake, Washington.
      2208 North Swing Ln, Liberty Lake, WA 99019
      View Details
    • $4,500 /Mo
      3,782 SF

      Retail End Cap in Liberty Lake

      Retail end cap available in Liberty Lake with ample parking.
      2210 N Madson Rd, Liberty Lake, WA 99019
      View Details
    • $16 SF/Yr

      Liberty Lake Office Space Available

      Office space for rent with easy freeway access.
      2310 N Molter Rd, Liberty Lake, WA 99019
      View Details
    • Contact for pricing
      4,211 SF

      Liberty Lake Retail/Office Opportunity

      Retail or office space available off freeway exit in Liberty Lake.
      1431 N Liberty Lake Rd, Liberty Lake, WA 99019
      View Details
    • Contact for pricing

      Liberty Lake Flex Space Available

      Flex space with dock-high and ground-level doors for rent.
      2310 N Swing Ln, Liberty Lake, WA 99019
      View Details
    • Contact for pricing
      9,927 SF

      New Class-A Warehouse Space

      New warehouse and office space for lease in Liberty Lake.
      22421 E Appleway Ave, Liberty Lake, WA 99019
      View Details
    • Contact for pricing

      Liberty Lake Office/Flex Building

      Office/Flex building available for sale or lease in Liberty Lake.
      22820 E Appleway Ave, Liberty Lake, WA 99019
      View Details
    • Contact for pricing
      1,500 SF

      Liberty Lake Flex/Industrial Space

      Flex/industrial space available for lease in Liberty Lake, Washington.
      2208 N Mckinzie Ln, Liberty Lake, WA
      View Details

    FAQs

    What type of property is this?
    Office property - Three-story office/medical space with ample parking and easy access.
    Where is this office property located?
    The property is located at 1421 N Meadowwood Ln Liberty Lake, WA.
    What are key features of this property?
    This property features: - 1.73 Acre Lot Zoned M3 (Office, Medical, and other uses); - Easy I-90 Access with Proximity to Idaho and Spokane Valley; - 69 Onsite Parking Stalls Plus Additional Public Overflow Parking
    (509) 622-3566
    Request Owner's contact information
    1421 N Meadowwood Ln Liberty Lake, WA 99019
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1421 N Meadowwood Ln
    Liberty Lake, WA 99019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1421 N Meadowwood Ln Liberty Lake, WA 99019
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jon Jeffreys
    Jon Jeffreys
    Real Estate License ID: JEFFRJJ153P
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!