1551 S Deer Heights Rd. Spokane, WA 99224
Luxury storage condos offering customizable units for warehouse, shop, office.
Property Features for 1551 S Deer Heights Rd.
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing office Sds Realty Inc. (509) 747-1051
Listing date Jul 12, 2023
Source Crexi
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 Sds Realty Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Customizable shell unit: personalize as warehouse, shop, office, or storage.
- Secure, gated complex ensuring safety.
- Separately metered for gas and electricity.
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 | $10.2k | $8.52 |
| − Vacancy | −$1.0k | −$0.83 |
| EGI | $9.2k | $7.69 |
| − OpEx | −$1.4k | −$1.15 |
| NOI | $7.8k | $6.53 |
