Financial
Distress signals
Property profile

12432 W Sunset Hwy Airway Heights, WA 99001

FOR SALE
Other warehouses
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Property ID
US90-0886017
10,800 SF 0.39 ac lot Built 1990
Last sale Aug 2022 · $1,100,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

12432 W Sunset Hwy is an industrial property consisting of a single clear-span building with approximately 18-foot-high walls, providing a 90' x 120' footprint and approximately 10,800 square feet of clear-span space. The building includes an additional approximately 5,000 square feet of mezzanine area that is configured as finished office space, with open storage integrated on the upper level. The site comprises approximately 0.65 combined acres across two parcels (15234.2814 and 15234.2815)

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$346k
Assessed land$51k
Assessed improvement$295k
Effective rate0.79%

Value estimate

· Sep 2026
$900k
$810k – $990k
AI approach$900k
CAP approach$1.09M
Submarket $/SF estimate$832k
NOI build-up
Gross scheduled income$178k
Vacancy & credit loss−$8k
Operating expenses−$51k
NOI · 7.91% cap applied$119k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$77 – $179

Cap rate analysis

How does the asset earn?
7.91%
$119k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.1
Building Supply10.6
Electrical Service9.6

Location

12432 W Sunset Hwy Airway Heights, WA 99001
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11822 21st, Airway Heights, WA 99001-7001 $2,750,000 Oct 2025 6,336 SF
2700 Hayden, Airway Heights, WA 99001-9711 $1,195,000 Nov 2024 7,950 SF
10829 Fast, Airway Heights, WA 99001-4500 $1,450,000 Jan 2023 9,792 SF
1529 Craig, Airway Heights, WA 99001-8700 $4,125,000 Mar 2022 10,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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