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    12939 Pinecroft Way Spokane Valley, WA 99216

    Sponsored
    For Sale
    $9,950,000

    Class A Office Building, River Views, Excellent Location

    Property size:
    42,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 12939 E Pinecroft Way in Spokane Valley, WA 99216, presents a unique investment opportunity for owner-users or investors. Boasting 42,660 square feet across two stories, this 2018-built property offers stunning Spokane River views and ample parking. The building is currently multi-tenant, with a national financial institution occupying approximately half the space since its completion. This provides immediate income for an owner-user or a solid foundation for an investor's pro forma. The remaining approximately 22,000 square feet of vacant space on the first floor offers a tranquil and secure environment for a business. Strategically situated between Spokane and Coeur d'Alene, this property enjoys convenient access to Interstate 90 and is a short drive from various amenities. The asking price is $9,950,000, translating to $233.24 per square foot. This property is an ideal blend of prime location, modern construction, and existing tenancy, making it a highly desirable asset in the Spokane Valley market. The building consists of one structure and is classified as both Executive and Traditional Office space.

    Property Features for 12939 Pinecroft Way

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    42,660 SF
    Class
    A

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Welch Michael Insurance Agency Shell Recharge Charging ... Electric Vehicle Charging Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -117.2289248
    Latitude
    47.6879075

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Building, River Views, Excellent Location
    Where is this office property / space located?
    The property is located at 12939 Pinecroft Way Spokane Valley, WA.
    What is the asking price?
    The asking price for this property is $9,950,000.
    (509) 714-6464
    Request Owner's contact information
    12939 Pinecroft Way Spokane Valley, WA 99216
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    Spokane Valley, WA 99216
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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
    12939 Pinecroft Way Spokane Valley, WA 99216
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