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Property profile & analytics
FOR SALE
Commercial real estate

12402 E Broadway Ave Spokane Valley, WA 99216

10,250 SF Built 2020
Property ID
US90-2418104
Property summary
AI-generated overview

This exceptional five-unit townhouse complex, built in 2020 and renovated in 2021, presents a lucrative investment opportunity in Spokane Valley, WA. Located at 12402 E Broadway Ave, 99216, this Class A property boasts a total of 10,250 square feet on a spacious 24,174 square foot lot. Each of the five townhouses features three bedrooms and three bathrooms, offering deluxe oversized living spaces with upgraded finishes. The property's central location provides easy access to a variety of amenities. The asking price is $2,150,000, translating to $209.76 per square foot and $224.39 per square foot for the land value. The property is zoned CMU, offering flexibility for potential uses. This well-maintained property is ideal for investors seeking a newer investment property, eliminating the costs and delays associated with new development. The property's high-quality construction and desirable location make it an excellent choice for long-term rental income or short-term rentals such as Airbnb. The single building, two-story structure is a turnkey investment ready for immediate income generation. APN: 45153.0418.

Property profile
Verified
Property type Commercial real estate
Year built 2020
Total area 10,250 SF
UPID US90-2418104
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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