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    Property profile & analytics

    12519 Division St Spokane, WA 99218

    • Retail space
    • 12,502 SF
    • 4.15 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US90-1384922
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wachtel Chrystal M DVM / Veterinarian
    • Starbucks / Internet Cafe / Breakfast Restaurant
    • Island Globe Tan / Tanning Salon
    • Spokane Neurology / Doctor / Medical Clinic
    • Froyo Earth / Frozen Yogurt Shop / Dessert Shop

    Property Details for 12519 Division St

    Year built
    2003
    Lot size
    4.15 lot acres
    Property size
    12,502 SF
    Property type
    Retail space
    APN
    36082.0802
    APU
    360820802

    Description

    Wandermere West presents a significant retail opportunity encompassing 51,855 square feet of completely vacant commercial space. This multi-tenant property is ideally suited for a variety of retail uses, offering substantial flexibility for a single large tenant or multiple smaller businesses. The expansive square footage allows for creative layout and design to accommodate diverse operational needs. The property's prime location (specific address not provided) presents excellent visibility and accessibility for customers. Given the entirely vacant status, this presents a unique chance to establish a brand-new retail presence or consolidate existing operations into a single, large, highly visible location. The sheer size of the space offers significant potential for high-volume retail operations, or the opportunity to subdivide and lease to multiple tenants. Interested parties are encouraged to inquire for further details regarding lease terms and conditions. This is a blank canvas for a visionary retail concept, offering unparalleled potential for growth and success in a desirable market. The property is ready for immediate occupancy, allowing for a swift and efficient transition to commence operations. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.405
    Latitude
    47.7714
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $50,388
    $1,989,540
    $3,374,200
    $5,363,740
    -
    $1,989,540
    $3,374,200
    $5,363,740

    Comparable in this City

    • Value Estimation by Request
      22,042 SF

      10208 Division St

      RETAIL STORES (PERSONAL SERVICES) • 22,042 SF
      10208 Division St, Spokane, WA 99218-1569
      View Details
    • Value Estimation by Request
      15,264 SF

      10925 Newport Hwy

      RETAIL STORES (PERSONAL SERVICES) • 15,264 SF
      10925 Newport Hwy, Spokane, WA 99218-1646
      View Details
    • Value Estimation by Request
      90,300 SF

      620 Holland Ave

      RETAIL STORES (PERSONAL SERVICES) • 90,300 SF
      620 Holland Ave, Spokane, WA 99218-1255
      View Details
    • Value Estimation
      $415,000
      8,060 SF

      9425 Division St

      RETAIL STORES (PERSONAL SERVICES) • 8,060 SF
      9425 Division St, Spokane, WA 99218-1228
      View Details
    • Value Estimation
      $4,725,000
      8,076 SF

      12310 Division St

      RETAIL STORES (PERSONAL SERVICES) • 8,076 SF
      12310 Division St, Spokane, WA 99218-1951
      View Details
    • Value Estimation
      $520,000
      10,791 SF

      401 Hastings Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,791 SF
      401 Hastings Rd, Spokane, WA 99218-2876
      View Details

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    • $20 SF/Yr
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      Retail Space on Newport Highway

      Retail space available for lease on Newport Highway.
      11402-11408 N Newport Hwy, Spokane, WA 99218
      View Details
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    Spokane, WA 99218
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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
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