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    OFF-MARKET
    Retail properties & Spaces

    4603 Sprague Ave, Spokane Valley, WA 99212

    21,120 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21,120 square foot retail property, located at 4603 E Sprague Ave in Spokane Valley, WA 99212, presents a rare ground lease opportunity. Situated at a highly visible, lighted intersection, this single-tenant space offers unparalleled access and exposure. The property benefits from its proximity to major retailers including Walmart, Costco, Home Depot, and Lowe's, ensuring a substantial customer base. The zoning is Regional Commercial, allowing for a wide range of retail uses. The entire 21,120 square feet is currently vacant, providing a blank canvas for a new business or expansion. Its convenient location offers easy accessibility from Interstate 90, further enhancing its appeal. Excellent signage opportunities are available, maximizing visibility and brand recognition. This property is ideal for businesses seeking a high-traffic location with strong visibility and proximity to established retailers in a thriving Spokane Valley commercial area. The property is zoned for Regional Commercial use.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 21,120 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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