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Property profile & analytics
OFF-MARKET Estimated value $600,000
Retail space

11607 Trent Ave Spokane Valley, WA 99206-4634

1,512 SF 0.94 ac lot Built 1910
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1146646
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased industrial portfolio situated in Spokane Valley, Washington. The property, identified by APN 45044.0926, encompasses a substantial 40,960 square feet of land and features four separate buildings, offering a diverse mix of retail and industrial spaces. The property is zoned IMU, allowing for a variety of uses. Located at 11607 E Trent Ave, Spokane Valley, WA 99206 (47.6881182, -117.2492273), this prime location offers excellent access to major transportation routes, ensuring efficient logistics and distribution. The asking price for this lucrative investment is $1,275,000. The current tenant occupancy guarantees a strong and immediate return on investment. This portfolio represents a rare chance to acquire a well-established, income-producing property in a thriving Spokane Valley market. The diverse building types, including distribution, flex, and warehouse spaces, cater to a wide range of potential tenants, ensuring long-term stability and potential for future growth. This is an ideal acquisition for investors seeking a diversified, high-yield industrial portfolio in a desirable location. The property's size and zoning provide flexibility for future development or expansion, further enhancing its investment potential. Detailed financial information and lease agreements are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 1,512 SF
Lot 0.94 ac (40,960 SF)
APN 45044.0926
UPID US90-1146646
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
  • Keller Heating Inc Hardware & Home Improvement HVAC Service
  • Mama's Take and Bake Dinners Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$369k
Blend (final) Blend
$600k
Owner & transaction history
Ronald Strickland · 1 yrs held
Ronald Strickland
since 2024
Last sale
$600,000
3 recorded transactions
2024
Price N/A
2022
$600,000
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $405,000 +69.5%
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