You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $1,625,000
Retail space

12519 Division St Spokane, WA 99218-1936

12,502 SF 4.15 ac lot Built 2003
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US90-1384922
Property summary
AI-generated overview

Wandermere West presents a significant retail opportunity encompassing 51,855 square feet of completely vacant commercial space. This multi-tenant property is ideally suited for a variety of retail uses, offering substantial flexibility for a single large tenant or multiple smaller businesses. The expansive square footage allows for creative layout and design to accommodate diverse operational needs. The property's prime location (specific address not provided) presents excellent visibility and accessibility for customers. Given the entirely vacant status, this presents a unique chance to establish a brand-new retail presence or consolidate existing operations into a single, large, highly visible location. The sheer size of the space offers significant potential for high-volume retail operations, or the opportunity to subdivide and lease to multiple tenants. Interested parties are encouraged to inquire for further details regarding lease terms and conditions. This is a blank canvas for a visionary retail concept, offering unparalleled potential for growth and success in a desirable market. The property is ready for immediate occupancy, allowing for a swift and efficient transition to commence operations. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 12,502 SF
Lot 4.15 ac (180,867 SF)
APN 36082.0802
UPID US90-1384922
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
  • Wachtel Chrystal M DVM Veterinary Clinic
  • Starbucks Cafe & Coffee Shop
  • Island Globe Tan Tanning Salon
  • Spokane Neurology Physician
  • Froyo Earth Cafe & Coffee Shop Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.00M
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$1.63M
Owner & transaction history
Wandermere Investments LLC
Wandermere Investments LLC
since 2025
2 recorded transactions
2025
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12519 Division St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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