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    5105 3Rd Ave Spokane Valley, WA 99212

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Spokane Valley office, flexible space.

    Lot size:
    1,288 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office property, located at 5105 E 3rd Ave in Spokane Valley, WA 99212, offers a unique opportunity for businesses seeking flexible and adaptable workspace. The building, a Class B property constructed in 1961 and renovated in 1992, sits on a 0.99-acre lot and is zoned RC - Regional Commercial. Currently, there is 10,666 square feet of vacant space available, divisible into units as small as 9,640 square feet, with a maximum contiguous space of 1,026 square feet. The building's total square footage is not currently specified. Ample parking is provided with 33 spaces available for tenants and their guests. The property's location in Spokane Valley offers convenient access to major transportation routes and a variety of amenities. This is an ideal opportunity for a company seeking a well-maintained, adaptable office space in a thriving Spokane Valley location. The property's traditional office layout provides a classic and functional workspace, perfect for a variety of business needs. The zoning allows for a range of commercial uses, making this a versatile option for prospective tenants. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5105 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,288 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1961/1992

    Unit(s) available at that property

    Space
    Suite 105
    Size
    1,288 SF
    Rate per SF
    $18

    HighLights

    • 10,666 SF Available for Lease
    • 0.99‑Acre Lot (42,941 SF)
    • Class B Building
    • Built in 1961, Renovated in 1992
    • Featuring an Elevator
    • RC (Regional Commercial) Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Albrecht Law PLLC Law Firm Terry Wiyrick NMLS# ... Mortgage Lender BleedZone Bicycle Repair Shop Rose Krieger NMLS# ... Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.3360259
    Latitude
    47.6549748

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Spokane Valley office, flexible space.
    Where is this office property / space located?
    The property is located at 5105 3Rd Ave Spokane Valley, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,666 SF Available for Lease; 0.99-Acre Lot (42,941 SF); Class B Building
    Request Owner's contact information
    5105 3Rd Ave Spokane Valley, WA 99212
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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
    5105 3Rd Ave Spokane Valley, WA 99212
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