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    22820 Appleway Ave Liberty Lake, WA 99019

    Sponsored
    For Sale
    $5,800,000

    Prime Flex Space, $5.8M, 36,498 SF

    Property size:
    36,498 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 36,498-square-foot flex building in Liberty Lake, WA, presents a rare investment opportunity. Located at 22820 E Appleway Ave, 99019, this single-story, multi-tenant property boasts ample parking (approximately 176 stalls), convenient freeway access, and a desirable location in Spokane County. Built in 1992 and renovated in 2015, the building features a newer roof and includes unique amenities such as a gym/warehouse space and an outdoor break area. The property sits on approximately 2.46 acres (107,157 square feet) and is zoned Industrial (I), making it ideal for a variety of uses. The asking price is $5,800,000, translating to $158.91 per square foot. Parcel numbers are 55104.9056 & 55104.9085. The building offers 440V power. This high-quality flex industrial property is perfect for owner-users or investors seeking a strong return. Its multi-tenant configuration provides flexibility and income potential. Don't miss this chance to acquire a unique asset in a thriving market.

    Property Features for 22820 Appleway Ave

    General Information

    Property type
    Flex space
    Square Feet
    36,498 SF

    Building Details

    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty Lake
    County
    Spokane
    State
    Washington
    Longitude
    -117.0981372
    Latitude
    47.6732284

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    FAQs

    What type of property is this?
    Flex space - Prime Flex Space, $5.8M, 36,498 SF
    Where is this flex space located?
    The property is located at 22820 Appleway Ave Liberty Lake, WA.
    What is the asking price?
    The asking price for this property is $5,800,000.
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    22820 Appleway Ave Liberty Lake, WA 99019
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    Liberty Lake, WA 99019
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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
    22820 Appleway Ave Liberty Lake, WA 99019
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