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    Property profile & analytics
    OFF-MARKET Estimated value $3,170,000
    Office buildings

    11720 1st Ave, Spokane Valley, WA 99206-5344

    2,240 SF 0.89 ac lot Built 1955
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US90-1526468
    Property summary
    AI-generated overview

    This exceptional Spokane Valley industrial property presents a unique investment opportunity. The offering encompasses four buildings totaling approximately 31,750 square feet on a substantial 4.69-acre lot. The property is comprised of four separate parcels (APN: 45211.0518, 45211.0511, 45211.0510, 45211.0601) located at 11720 E 1st Ave, Spokane Valley, WA 99206. Building A offers approximately 2,350 square feet and includes a large office/conference room, reception area, and restroom facilities. Building B, at approximately 2,400 square feet, is ideally suited for truck maintenance. Building C, a substantial 23,940 square feet, features a manufacturing facility, shop space, office space, and a conference area. Finally, Building D, encompassing approximately 3,060 square feet, is a former countertop building with a rear overhead door, warehouse space, and office space. The asking price for this multi-building industrial complex is $3,200,000, translating to $100.79 per square foot. This property offers significant potential for a variety of industrial uses and represents a compelling investment in a desirable Spokane Valley location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1955
    Total area 2,240 SF
    Lot 0.89 ac (38,674 SF)
    APN 45211.0518
    UPID US90-1526468
    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
    • The Truss Company Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.45M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.17M
    Owner & transaction history
    Spokane Transit Authority · 1 yrs held
    Spokane Transit Authority
    since 2025
    Last sale
    $2.9M
    2 recorded transactions
    2025
    $2.9M
    2015
    $310,401
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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