12525 Sunset HwyAirway Heights, WA 99001

  • Hospitality properties
  • 10,424 SF
For Sale
$3,999,000 View listing

Property Details for 12525 Sunset Hwy

Year built
1955
Lot size
4.17 AC
Property size (Sq ft)
10,424 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
15261.6001
APU
152616001

Description

This exceptional industrial warehouse space, located at 12525 W Sunset Hwy in Spokane County, offers 2,500 square feet of versatile space perfect for a variety of businesses. Currently, one unit is available for lease. The property boasts single-phase power, making it suitable for a range of industrial and commercial uses. The zoning designation is C-1A, which should be verified by the tenant for specific permitted uses. The monthly rental rate is $1.10 per square foot. This is a multi-tenant building, providing a collaborative environment. The building's size is precisely 2,500 square feet, offering ample room for operations and storage. Interested parties are encouraged to conduct their own due diligence regarding zoning compliance and suitability for their intended business operations. This prime location in Spokane County offers easy access to major transportation routes, enhancing logistical efficiency for businesses. The available space presents a unique opportunity for businesses seeking a functional and well-located warehouse in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,412,585
    6.5%
    $2,227,001
    7%
    $2,067,930
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,222,878
    Geo Method
    $5,222,878
  • Alternative Use

    Use
    Valuation
    Residential
    $2,431,238
    Hospitality
    $2,227,001
    Educational
    $1,852,839
    Medical
    $1,916,561
    Retail
    $2,882,194
12525 Sunset Hwy, Airway Heights, Washington
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Location Insight

City
Airway Heights
County
Spokane
State
Washington
Latitude
47.6417
Longitude
-117.584
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
$10,111
$499,060
$787,300
$1,286,360
-
$499,060
$787,300
$1,286,360

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