45 Cozza DrSpokane, WA 99208

Property Details for 45 Cozza Dr

Year built

2005

Lot size

2.00 AC

Property size (Sq ft)

17,037 SF

Property type

Office properties

Property subtype

Office buildings

APN

36292.0004

APU

362920004

Description

This exceptional 892-square-foot Class A executive office suite is ideally situated in Spokane, Washington, at 45 E Cozza Dr, zip code 99208. Built in 2005, this single-story building offers a single-tenant occupancy opportunity on a 0.55-acre lot. The property boasts convenient on-site parking, with a ratio of six spaces per 1,000 square feet. Utilities are serviced by City of Spokane water and sewer, and Avista Utilities. The building's zoning is City of Spokane RO-1, providing flexibility for various professional uses. The property's location in Spokane's northside offers excellent accessibility and visibility. This turnkey executive office space presents a rare opportunity for a business seeking a modern, efficient, and well-located workspace. The entire 892 square feet is currently vacant and ready for immediate occupancy. The property is situated in Spokane County and benefits from the advantages of a thriving local economy. This is an exceptional opportunity for a business seeking a high-quality, single-tenant office space in a desirable location. The building's single-story design provides easy accessibility and efficient use of space. The ample parking ensures convenient access for employees and clients.

• CAP approach

  CAP return

  Valuation

  6%

  $2,787,353

  6.5%

  $2,572,941

  7%

  $2,389,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,632,459

  Geo Method

  $3,632,459

• Alternative Use

  Use

  Valuation

  Residential

  $3,190,447

  Hospitality

  $2,922,432

  Educational

  $2,431,429

  Medical

  $2,515,050

  Retail

  $3,782,223

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7256

Longitude

-117.408

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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