10925 Newport HwySpokane, WA 99218

Property Details for 10925 Newport Hwy

Year built

2004

Lot size

2.82 AC

Property size (Sq ft)

15,264 SF

Property type

Retail properties

Property subtype

Retail space

APN

36171.0110

APU

361710110

Description

Pinewater Plaza, located at 10925 N Newport Hwy in Spokane, WA 99218, offers exceptional retail opportunities in Spokane County. This property features a total of 13,265 square feet of vacant space, ideal for multiple tenants. The flexible layout allows for units ranging from a minimum of 1,815 square feet to a maximum contiguous space of 6,800 square feet, catering to a variety of business needs. The property is classified as both retail and land, presenting a unique investment opportunity. The lot size ranges from 0.61 to 0.78 acres, providing ample space for outdoor activities or expansion. The property's location in Spokane offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving market. Currently, the entire 13,265 square feet is available for lease. This is a multi-tenant property, perfect for businesses seeking flexible space options. Interested parties should inquire about lease terms and conditions. The property is situated in Spokane County, Washington.

• CAP approach

  CAP return

  Valuation

  6%

  $3,852,876

  6.5%

  $3,556,501

  7%

  $3,302,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,201,182

  Geo Method

  $8,201,182

• Alternative Use

  Use

  Valuation

  Residential

  $3,000,042

  Hospitality

  $2,748,022

  Educational

  $2,286,322

  Medical

  $2,364,952

  Retail

  $3,556,501

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7575

Longitude

-117.396

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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