1551 S Deer Heights Rd Spokane, WA 99224
Luxury storage condos offering customizable units for warehouse, shop, or office.
Property Features for 1551 S Deer Heights Rd
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing office Sds Realty Inc. (509) 747-1051
Listing date Jul 12, 2023
Source Crexi
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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: Perfect for warehouse, shop, office, or storage, personalized to your needs.
- Secure, gated complex: Ensures the safety of units and their contents.
- Owner's lodge: Central hub offering amenities for work, relaxation, and socializing.
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 | $12.3k | $8.52 |
| − Vacancy | −$1.2k | −$0.83 |
| EGI | $11.1k | $7.69 |
| − OpEx | −$1.7k | −$1.15 |
| NOI | $9.4k | $6.53 |