Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9612 Montgomery Ave Spokane Valley, WA 99206
    Back to Search
    Property profile & analytics

    9612 Montgomery Ave Spokane Valley, WA 99206

    View on Map
    • Warehouses
    • 25,120 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 9612 Montgomery Ave

    Property size
    25,120 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 9612 E Montgomery Ave in Spokane Valley, WA 99206, offers a significant opportunity for businesses seeking warehouse space. The property, identified by APN 45083.0182 in Spokane County, comprises a substantial 25,120 square feet of warehouse space, currently configured for multiple tenants. One unit of 1,326 square feet is immediately available. The building's classification is Industrial, specifically a Warehouse subtype. Its prime location in Spokane Valley provides easy access to major transportation routes, enhancing logistical efficiency for businesses operating from this site. The property's size and layout offer flexibility for a variety of industrial uses, making it an attractive option for companies needing ample storage and operational space. Interested parties are encouraged to inquire about the available unit and explore the potential this property offers. The property is situated at latitude 47.678736383054655 and longitude -117.27513610816081.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.275
    Latitude
    47.6787

    Comparable in this City

    • Value Estimation by Request
      39,174 SF

      2128 Pne Rd

      Distribution properties • 39,174 SF
      2128 Pne Rd, Spokane Valley, WA 99206
      View Details
    • Value Estimation by Request
      95,680 SF

      9922 Montgomery Ave

      Distribution properties • 95,680 SF
      9922 Montgomery Ave, Spokane Valley, WA 99206
      View Details
    • Value Estimation by Request

      9608 Montgomery Ave

      Distribution properties
      9608 Montgomery Ave, Spokane Valley, WA 99206
      View Details
    • Value Estimation
      $945,000
      14,112 SF

      11402 Montgomery Dr

      DISTRIBUTION WAREHOUSE • 14,112 SF
      11402 Montgomery Dr, Spokane Valley, WA 99206-7621
      View Details
    • Value Estimation by Request
      6,810 SF

      10010 Montgomery Ave

      DISTRIBUTION WAREHOUSE • 6,810 SF
      10010 Montgomery Ave, Spokane, WA 99206
      View Details
    • Value Estimation
      $17,505,000
      400,625 SF

      11016 Montgomery Dr

      DISTRIBUTION WAREHOUSE • 400,625 SF
      11016 Montgomery Dr, Spokane Valley, WA 99206-6146
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Spokane Valley Distribution Warehouse

      Remodeled distribution/manufacturing warehouse with yard and parking.
      311 S Dishman Mica Rd, Spokane Valley, WA 99206
      View Details
    • $2,250,000
      14,094 SF

      Industrial Building in Spokane Valley

      14,094 SF industrial building on a 26,672 SF lot.
      10021 E Knox Ave, Spokane Valley, WA 99206
      View Details
    • $2,550,000

      New Construction Warehouse Space Available

      New construction warehouse in Spokane Valley, estimated completion 9/2025.
      Spokane St, Valley, WA 99206
      View Details
    • Contact for pricing

      Versatile Live/Work Light Industrial Property

      Light industrial property suitable for live/work or commercial operations.
      10623 E Montgomery Dr, Spokane Valley, WA 99206
      View Details
    • Contact for pricing
      18,330 SF

      Spokane Valley Industrial Property

      Industrial property in Spokane Valley, WA, totaling 18,330 SqFt.
      11415 E Trent Ave, Spokane Valley, WA 99206
      View Details
    • $189,600
      0.25 Acres

      Spokane Valley Land Opportunity

      Quarter-acre lots available in established Spokane Valley neighborhood.
      E 27Th Ave, Spokane Valley, WA 99206
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Spokane Valley Flex Space Available

      Flex, industrial, retail, and warehouse space for rent.
      12018 E 1St Ave, Spokane Valley, WA 99206
      View Details
    • $12,000 /Mo
      14,574 SF

      Spokane Valley Industrial Property Rental

      14,574 SF industrial property with warehouse and office space.
      10607 E Montgomery Dr, Spokane Valley, WA 99206
      View Details
    • $12 SF/Yr
      5,104 SF

      Spokane Valley Service Repair Building

      0.73-acre CMU zoned land with 5,104 SF service building.
      10415 E Sprague Ave, Spokane, WA 99206
      View Details
    • Contact for pricing
      2,000 SF

      Spokane Valley Warehouse Suite

      Office/warehouse suite with dock and grade loading in Spokane Valley.
      11115 E Montgomery Ave, Spokane Valley, WA 99206
      View Details
    • Contact for pricing

      Spokane Valley Industrial Space Available

      Industrial space available in Spokane Valley, Washington. 12,000 SqFt.
      11002 E Montgomery Dr, Spokane Valley, WA 99206
      View Details
    • Contact for pricing
      12,000 SF

      Spokane Valley Warehouse Space

      12,000 sqft warehouse space available for rent.
      10914 East Montgomery Dr, Spokane Valley, WA 99206
      View Details
    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.
    9612 Montgomery Ave
    Spokane Valley, WA 99206
    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

    Thank You for Inquiry
    9612 Montgomery Ave, Spokane Valley, WA, 99206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!