Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11720 1st Ave Spokane Valley, WA 99206-5344

    • Office buildings
    • 2,240 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $3,260,000
    Last Sale
    May 30, 2025
    $2,910,000
    Location Intelligence
    Property ID
    US90-1526468
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Truss Company / Truss Manufacturer

    Property Details for 11720 1st Ave

    Year built
    1955
    Lot size
    0.89 lot acres
    Property size
    2,240 SF
    Property type
    Office buildings
    APN
    45211.0518
    APU
    452110518

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,680,000
      6.5%
      $3,170,000
      7%
      $2,655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,960,000
      Geo Method
      $2,780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,035,000
      Retail
      $2,720,000
      Mixed-Use
      $3,015,000
      Hospitality
      $2,425,000
      Educational
      $3,190,000
      Residential Income
      $2,320,000
      Energy
      $2,590,000
      Income-Based Land
      $2,500,000
      Food Service
      $3,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.247
    Latitude
    47.656
    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
    $3,735
    $154,700
    $164,600
    $319,300
    -
    $154,700
    $164,600
    $319,300

    Comparable in this City

    • Value Estimation by Request
      16,248 SF

      1410 Mullan Rd

      OFFICE BUILDING • 16,248 SF
      1410 Mullan Rd, Spokane Valley, WA 99206-4043
      View Details
    • Value Estimation by Request
      1,728 SF

      9601 Montgomery Ave

      OFFICE BUILDING • 1,728 SF
      9601 Montgomery Ave, Spokane Valley, WA 99206-4117
      View Details
    • Value Estimation by Request
      5,600 SF

      10808 Sprague Ave

      OFFICE BUILDING • 5,600 SF
      10808 Sprague Ave, Spokane Valley, WA 99206-5213
      View Details
    • Value Estimation by Request
      10,806 SF

      606 Pnes Rd

      OFFICE BUILDING • 10,806 SF
      606 Pnes Rd, Spokane Valley, WA 99206-6706
      View Details
    • Value Estimation
      $315,000
      6.67 Acres

      11601 44th Ave

      PROFESSIONAL BUILDING • 6.67 Acres
      11601 44th Ave, Spokane, WA 99206
      View Details
    • Value Estimation
      $385,000
      575 SF

      10501 4th Ave

      OFFICE BUILDING • 575 SF
      10501 4th Ave, Spokane, WA 99206
      View Details

    Similar Nearby for Sale

    • $6,995,000
      42,661 SF

      Fully Leased Spokane Valley Property

      Fully leased commercial property in Spokane Valley with long-term tenants.
      9317 E Sinto Ave, Spokane Valley, WA 99206
      View Details
    • $750,000
      1,368 SF

      Sprague Ave Commercial Property

      Vacant Spokane Valley Office/Retail Space
      11813 Sprague Ave, Spokane Valley, WA 99206
      View Details
    • Contact for pricing
      107,708 SF

      Spokane Valley Commercial Property For Sale

      Commercial property in Spokane Valley with ample parking and signage.
      11707 E Sprague Ave, Spokane Valley, WA 99206
      View Details
    • $120,000
      0.14 Acres

      Spokane Valley Build-Ready Land

      Prime lot near Spokane River, Centennial Trail, Valley Mall.
      9809 E Boone Ave, Spokane Valley, WA 99206
      View Details
    • $450,000
      2,836 SF

      Spokane Valley Live/Work Opportunity

      Versatile property with residential comfort and light commercial zoning.
      112 N Bowdish Rd, Spokane, WA 99206
      View Details
    • $1,299,000

      Residential Development Site Near I-90

      5.97-acre development site with 26 platted lots, zoned R-1.
      2510 S Thorpe Rd, Spokane, WA 99206
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,846 SF

      Spokane Valley Converted Office Building

      Multi-story office building on corner lot available for lease.
      323 South Pines Rd, Spokane, WA 99206
      View Details
    • $10 SF/Yr
      22,050 SF

      Spokane Valley Office Space For Lease

      Versatile Office/Flex Space Available
      2205 Woodruff Rd, Spokane Valley, WA 99206
      View Details
    • $17 SF/Yr
      53,965 SF

      Spokane Valley Office Space for Lease

      Modern Offices, Ample Parking, I-90 Access
      1101 Argonne Rd, Spokane Valley, WA 99206
      View Details
    • $12 SF/Yr
      5,877 SF

      Spokane Valley Sub-Level Office Space

      Sub-level office space in Spokane Valley, easily accessible.
      12111-12121 E Mission Ave, Spokane, WA 99206
      View Details
    • $14 SF/Yr
      15,776 SF

      Village Square Executive Offices

      Spokane Valley Office Space Available
      9212 Montgomery Ave, Spokane Valley, WA 99206
      View Details
    • $15 SF/Yr
      64,595 SF

      Prime Knox Ave Office Space

      3,000 SF Office, I-90 Frontage
      10020 Knox Ave, Spokane Valley, WA 99206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11720 1st Ave
    Spokane Valley, WA 99206-5344
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.