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    1551 Deer Heights Rd Spokane, WA 99224

    Sponsored
    For Sale
    $209,900

    1,200 SF Warehouse, Vacant, $209,900

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,200 square foot warehouse condo, built in 2023, is situated on a 1.71-acre lot in Spokane, WA (99224). Located in a secure, gated community, this light industrial property offers a 18ft high ceiling, perfect for customization. The unit is a shell, allowing for personalized build-out as a warehouse, shop, office, or storage space. Features include a 14' x 14' garage door and a 3' pedestrian door, a 100-amp, 16-circuit electric panel, four 8' LED strip lights, four receptacles, a garage door opener receptacle, and a 50-amp, 240-volt receptacle. Gas is stubbed, with the owner responsible for hookup and meter purchase. The property is part of a four-building complex with an owner's lodge offering additional amenities. The property is zoned for light industrial use and is sold as self-ownership, currently vacant and ready for immediate occupancy. The property's address is 1551 S Deer Heights Rd, Spokane, WA, with APN 25305.1001. This is an owner-user investment opportunity. The unit is separately metered for gas and electricity. The unfinished and uninsulated interior allows for complete customization, including the potential for mezzanine or loft spaces.

    Property Features for 1551 Deer Heights Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    1,200 SF
    Lot Size
    74,488 SF

    Building Details

    Year Built
    2023
    Buildings
    4
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Garage Lodge Storage Facility Detail Bros Spokane ... Car Wash CDA National Auto Broker

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.550247
    Latitude
    47.6414479

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    FAQs

    What type of property is this?
    Distribution property - 1,200 SF Warehouse, Vacant, $209,900
    Where is this distribution property located?
    The property is located at 1551 Deer Heights Rd Spokane, WA.
    What is the asking price?
    The asking price for this property is $209,900.
    Request Owner's contact information
    1551 Deer Heights Rd Spokane, WA 99224
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    Realmo Value Estimation

    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.

    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.

    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
    1551 Deer Heights Rd Spokane, WA 99224
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