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    11402 Newport Hwy Spokane, WA 99218

    • Retail space
    • 14,096 SF
    • 1.19 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US90-2884844
    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

    • The Institute for Physical and Sports Therapy / Physical Therapy Clinic
    • Mr. Charles Gallagher / Physical Therapy Clinic / Practitioner Service Location
    • Brandon Cook - State Farm Insurance Agent / Life Insurance Agency / Renter'S Insurance Agency
    • Choice Family Primary Care & Urgent Care / Urgent Care Center / Doctor
    • BTS Limited / Chocolate Artisan

    Property Details for 11402 Newport Hwy

    Year built
    2013
    Lot size
    1.19 lot acres
    Property size
    14,096 SF
    Property type
    Retail space
    APN
    36084.9204
    APU
    360849204

    Description

    This exceptional restaurant opportunity is located at 11402 N Newport Hwy in Spokane, Washington, 99218, Spokane County. The property offers multiple suites within a storefront setting, ideal for a variety of food service businesses. Currently, there are 5,290 square feet of vacant space available, with individual suites ranging from a minimum of 1,645 square feet to a maximum contiguous space of 2,000 square feet. The total number of suites in the building is three. This prime location enjoys high visibility and convenient access to the North Spokane Corridor, placing it in close proximity to a number of key amenities and a significant population base. The property benefits from its strategic position just south of the new Costco on Highway 2, ensuring high traffic volume and excellent exposure. Furthermore, its proximity to Whitworth University, Northwood Middle School, Farwell Elementary School, and the YMCA provides a strong and diverse customer base. The abundance of nearby retail establishments further enhances the property's appeal and potential for success. This is a rare opportunity to establish or expand a restaurant business in a thriving and well-connected area of Spokane. The property's size and layout offer flexibility for various restaurant concepts. Contact us today to learn more about this exciting opportunity.

    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
    -117.39
    Latitude
    47.7609
    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
    $15,188
    $195,000
    $1,426,700
    $1,621,700
    -
    $195,000
    $1,426,700
    $1,621,700

    Comparable in this City

    • 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
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    • Value Estimation by Request
      22,042 SF

      10208 Division St

      RETAIL STORES (PERSONAL SERVICES) • 22,042 SF
      10208 Division St, Spokane, WA 99218-1569
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    • 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
      $950,000
      4,845 SF

      9717 Newport Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,845 SF
      9717 Newport Hwy, Spokane, WA 99218-1266
      View Details

    Similar Nearby for Sale

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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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