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Property profile & analytics
OFF-MARKET Estimated value $825,000
Warehouses

11705 21st Ave Airway Heights, WA 99001-9722

1,536 SF 9.99 ac lot Built 1992
Entity Owned 5-yr Hold Free & Clear
Property ID
US90-0888284
Property summary
AI-generated overview

This exceptional 1,500 square foot industrial warehouse, situated on over eight acres of land in Spokane County, presents a unique investment opportunity. Built in 1992, the property boasts a single-tenant occupancy and is currently vacant, offering immediate possession. The warehouse itself is classified as a Class C building and is part of a larger complex featuring a fenced and gated yard. This expansive yard provides ample space for storage and maneuvering, enhanced by multiple concrete pads strategically placed throughout the property. The location offers convenient access to Highway 2 and the main arteries of Airway Heights, ensuring efficient transportation and logistics. The property's substantial land area, combined with its strategic location and existing warehouse structure, makes it ideal for a variety of industrial uses. The substantial yard space, coupled with the existing concrete pads, offers significant flexibility for outdoor storage or operational needs. This property is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a well-located, spacious industrial facility in Spokane County.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Total area 1,536 SF
Lot 9.99 ac (435,164 SF)
APN 15253.0127
UPID US90-0888284
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
Shergill Properties LLC · 5 yrs held
Shergill Properties LLC
since 2021
Last sale
$800,000
3 recorded transactions
2021
$800,000
2014
$400,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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