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Property profile & analytics
OFF-MARKET Estimated value $805,000
Commercial real estate

10221 Montgomery Dr Spokane Valley, WA 99206-4240

9,940 SF 0.52 ac lot Built 1996
Individually Owned 30-yr Hold ~ Est. High Equity
Property ID
US90-1470096
Property summary
AI-generated overview

This exceptional Spokane Valley industrial property, located at 10221 E Montgomery Dr, 99206, offers a versatile flex space ideal for a variety of businesses. The single, two-story building, constructed in 1996, boasts a total of 9,940 square feet situated on a spacious 22,436 square foot lot. Currently, a 2,784 square foot unit is available for lease. This unit features a well-designed layout with approximately 1,056 square feet of warehouse space and 1,728 square feet of office space distributed across two floors, each floor offering approximately 864 square feet. The warehouse area benefits from a 16-foot clear height ceiling and a 12x14 overhead door, providing ample space for storage and operations. The office space is suitable for administrative functions. The property is served by single-phase 200-amp power. Utilities and janitorial services are separately metered and paid by the tenant. This property presents a unique opportunity to establish a presence in a thriving Spokane Valley location. The convenient access and ample space make this an attractive option for businesses seeking a functional and efficient workspace. Inquire today to learn more about this exceptional flex space opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,940 SF
Lot 0.52 ac (22,436 SF)
APN 45081.0827
UPID US90-1470096
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Homescapes Electronics & Wireless Store
  • Silvey Construction, Inc. Construction Company
  • Canyon Creek Spokane Builder's Service Center Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$905k
Blend (final) Blend
$805k
Owner & transaction history
Silvey,michael W & Clare · 30 yrs held
Silvey,michael W & Clare
since 1995
3 recorded transactions
1995
$17,000
1995
$10,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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