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    403 D St Sprague, WA 99032

    For Sale
    $1,499,000

    Prime Industrial Warehouse, 3.97 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional light industrial warehouse, located at 403 N D St, Sprague, WA 99032, presents a unique investment opportunity. Strategically positioned off Interstate 90, this property offers unparalleled access to major transportation routes connecting Spokane, Seattle, Tri-Cities, and Ellensburg. The warehouse itself boasts a generous 3.97-acre lot and features two 12-foot overhead doors, one on the east and one on the west side of the building, facilitating efficient loading and unloading. The asking price is $1,499,000. An adjacent lot is also available for purchase, providing potential for expansion or future development. This property is particularly attractive due to its recent occupancy by Woolworks INC, offering a potential opportunity to acquire the remaining business assets and established client base. The property's location in Lincoln County, Washington, and its proximity to I-90 make it an ideal choice for businesses seeking convenient access to regional and national markets. This is a rare chance to acquire a well-situated industrial property with significant growth potential. Further details are available upon request.

    Property Features for 403 D St

    General Information

    Property type
    Distribution properties

    HighLights

    • Exceptional light industrial warehouse investment opportunity in Sprague, WA.
    • 3.97‑acre lot with two 12‑foot overhead doors, providing efficient loading/unloading.
    • $1,499,000 asking price; adjacent lot available for expansion.
    • Prime I‑90 location offering easy access to Spokane, Seattle, Tri‑Cities, and Ellensburg.
    • Previously occupied by Woolworks INC; potential to acquire existing business assets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Woolworks Inc Leather Wholesaler

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Bar & Pub Smoke and Vape Shop Chinese Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Sprague
    County
    Lincoln
    State
    Washington
    Longitude
    -117.97903066525
    Latitude
    47.304294251844

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,399,000
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      Turn-Key Motel & RV Park

      Motel and RV park with expansion potential in Sprague, WA.
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    • $1,399,000
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      Light Industrial Warehouse Near I-90

      Light industrial warehouse with easy I-90 access on 3.97 acres.
      403 N D St, Sprague, WA 99032
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime Industrial Warehouse, 3.97 Acres
    Where is this distribution property located?
    The property is located at 403 D St Sprague, WA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Exceptional light industrial warehouse investment opportunity in Sprague, WA.; 3.97-acre lot with two 12-foot overhead doors, providing efficient loading/unloading.; $1,499,000 asking price; adjacent lot available for expansion.
    Request Owner's contact information
    403 D St Sprague, WA 99032
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    Sprague, WA 99032
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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
    403 D St Sprague, WA 99032
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