Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4129 Pine View Way Springdale, WA 99173

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime land for storage unit development in growing Springdale.

    Type:Land
    Added:
    May 7, 2024
    Days on Market:
    713
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for 4129 Pine View Way

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Jesse Fox

    Listing agent Jesse Fox License #WA23158

    Listing office Marcus & Millichap - Seattle

    Listing date May 7, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Seattle

    Overview

    Land Opportunity in Springdale, WA

    Located at 4129 Pine View Way in Springdale, WA 99173, this land presents an investment opportunity for storage unit development. The property is positioned in a region experiencing economic growth and increasing demand for storage solutions. Investing in this location offers a promising avenue for financial returns, supported by Springdale's local government and thriving economy. This opportunity allows contributing to the community's progress while securing investment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Gym & Fitness Center Department Store Dental Office

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

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Stevens
    State
    Washington
    Longitude
    -117.764328
    Latitude
    48.050626

    Nearby Similar for Sale

    • $450,000
      1,218 SF

      Springdale Entertainment Venue For Sale

      Profitable bar and real estate opportunity in Springdale, Washington.
      111 W Shaffer Ave, Springdale, WA 99173
      View Details
    • $550,000
      8,250 SF

      Springdale Commercial Building on 5 Acres

      Commercial building with office space, workshop, and expansion potential.
      4341 B Springdale Hunters Rd, Springdale, WA 99173
      View Details
    • $79,500

      Private Wooded 10-Acre Retreat

      Secluded 10-acre wooded parcel with hunting cabin near state land.
      5324 OLINGER RD, SPRINGDALE, WA 99173
      View Details
    • $79,000

      Commercial Land in Growing Springdale

      Commercial zoned land with road frontage in a growing community.
      108 S Main St, Springdale, WA 99173
      View Details
    • $79,000

      Commercial Land in Growing Community

      Commercial-zoned lot in Springdale with road frontage, endless opportunities.
      108 S Main St, Springdale, WA 99173
      View Details
    • $519,999

      51+ Acres in Springdale, WA

      Land with panoramic views, camping pad, well, and recreational features.
      5203 Olinger Rd, Springdale, WA 99173
      View Details
    • $519,999

      51.36 Acres of Buildable Land

      51.36 acres of land with well, power, and recreational features.
      5203 OLINGER RD, SPRINGDALE, WA 99173
      View Details
    • $45,000

      Springdale Buildable Land For Sale

      One acre of buildable land in Springdale, Washington.
      4006 B Hwy 231, Springdale, WA 99173
      View Details
    • $190,000

      40 Acres of Treed Land

      Level to rolling 40 acres with meadows and trees.
      Lyons Hill Rd, Springdale, WA 99173
      View Details
    • $160,000

      40 Acres in Springdale, WA

      40-acre parcel with easy access and recreational setup.
      6833 DRUM RD, SPRINGDALE, WA 99173
      View Details
    • $149,000

      Springdale Land with Varied Terrain

      Secluded 20-acre land parcel in Springdale, Washington.
      Bowler Rd, Springdale, WA 99173
      View Details
    • $99,999

      Land with Valley Views

      2.5 acre lot with potential for home construction.
      4256 Hwy 231, Springdale, WA 99173
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime land for storage unit development in growing Springdale.
    Where is this commercial land located?
    The property is located at 4129 Pine View Way Springdale, WA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Prime land opportunity for storage unit development.; Positioned in a region experiencing steady economic growth.; Increasing demand for storage solutions.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jesse Fox
    Real Estate License ID: WA23158
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!