Insulated Warehouse
New
For Sale
$449,900
9817 Crescent Bar Rd NW, Quincy, WA 98848
A paved-site shop offers climate control, finished interior surfaces, and access suited to vehicles and recreational equipment.
Property Size1,950 SF
Price / SF$230.72
Days on Market1
Property Features for 9817 Crescent Bar Rd NW
General Information
Standard status
Active
Size
1,950 SF
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
2
Building Details
Year Built
2026
Building Size
1,950 SF
Listing Agency:
Coldwell Banker Tomlinson R&H
Listed By:
Serge Pashkovsky
(509) 766-0300
Source:
Livnserverealestate
Added: Sep 26
Last Checked: Sep 26 at 8:23AM
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 Coldwell Banker Tomlinson R&H
Investment Insights
Based on property information with market context.
Under construction, this warehouse shop measures 39' x 50' and provides approximately 1,950 square feet of space. The interior will have 16-foot ceilings, insulation, finished sheetrock and paint, and a mini-split system for heating and air conditioning. Two 12' x 14' garage doors provide vehicle access, while the paved lot serves the building. Construction is scheduled for 2026.
The property is at Crescent Bar Resort, near its entrance, at 9817 Crescent Bar Rd NW in Quincy, Washington. The shop’s layout and door dimensions accommodate vehicles and recreational equipment, with additional space available for storage.
The property is at Crescent Bar Resort, near its entrance, at 9817 Crescent Bar Rd NW in Quincy, Washington. The shop’s layout and door dimensions accommodate vehicles and recreational equipment, with additional space available for storage.
Key Highlights
- Approximately 1,950 square feet; 39' x 50' footprint
- 16‑foot ceilings and two 12' x 14' garage doors
- Insulated interior with finished sheetrock and paint
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,948
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,960
$279.0K
Cap Rate 7%
$199,257
$199.3K
Cap Rate 9%
$154,978
$155.0K
Market Conditions
NOI Build-Up for 1,950 SF
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.
Gross rent
$17.6K $9.00/SF
− Vacancy
−$1.1K −$0.59/SF
EGI
$16.4K $8.42/SF
− OpEx
−$2.5K −$1.26/SF
NOI
$13.9K $7.15/SF
Area
Grant County, WA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,960
Cap Rate 7%
$199,257
Cap Rate 9%
$154,978
Alternative Uses
Best Use
Warehouse
$199.3K
$174.4K – $232.5K
NOI $13,948 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$423.6K
$370.7K – $494.2K
NOI $29,652 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98848, WA
13,392
Population
5,476
Households
2.4
Avg Household Size
32
Median Age
17%
College-Educated
71%
High-School Grad
456.8 sq mi
ZIP Area
29
Density / Sq Mi
$85,133
Median Household Income
$34,238
Median Earnings
$1,035
Median Rent
$308,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Park -n- store — 9821 Rd W 8 NW, Quincy, WA 98848
Frequently Asked Questions
What type of property is this?
Warehouse - A paved-site shop offers climate control, finished interior surfaces, and access suited to vehicles and recreational equipment.
Where is this warehouse located?
The property is located at 9817 Crescent Bar Rd NW Quincy, WA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Approximately 1,950 square feet; 39' x 50' footprint; 16‑foot ceilings and two 12' x 14' garage doors; Insulated interior with finished sheetrock and paint
