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    12622 Sunset Hwy Airway Heights, WA 99001-9427
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    Property profile & analytics

    12622 Sunset Hwy Airway Heights, WA 99001-9427


    • Retail space
    • 7,800 SF
    • 0.38 lot acres
    Off-Market
    Last Sale Nov 15, 2024
    $1,621,616
    Property ID
    US90-3319045
    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.

    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    5.3%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 12622 Sunset Hwy

    Year built
    2004
    Lot size
    0.38 lot acres
    Property size
    7,800 SF
    Property type
    Retail space
    APN
    15234.2710
    APU
    152342710

    Description

    This exceptional retail space, Suite A, offers 1,524 square feet of ground floor commercial space in a vibrant Spokane County strip center. The property boasts convenient front and rear access, ensuring ease of entry and exit for both customers and staff. Ample ADA-compliant parking is available, enhancing accessibility for all. High visibility is guaranteed with available pylon signage, providing excellent opportunities for branding and attracting customers. The total building size is 7,800 square feet, with a portion currently vacant. This presents a unique opportunity to establish or expand your business in a thriving retail environment. The property sits on a 0.38-acre lot (APN 15234.2710), offering ample space and potential for future growth. The zoning is designated C1-A. Net operating expenses are estimated at $4.89 per square foot annually. This is a fantastic opportunity for a business seeking high visibility, convenient access, and ample parking in a well-established retail center. Don't miss out on this chance to secure a prime location in a bustling Spokane County commercial area. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,620,000
      ML approach
      $1,620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,430,000
      6.5%
      $1,320,000
      7%
      $1,225,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,683,000
      Market price range: $683k - $2.83M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,470,000
      Current use
      OFFICE BUILDING
      $1,875,000
      Change: +27% Conversion: Easy
      MEDICAL BUILDING
      $1,695,000
      Change: +15% Conversion: Difficult
      RESTAURANT
      $1,680,000
      Change: +15% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,475,000
      Change: +0% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,185,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.586
    Latitude
    47.6433
    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
    $7,793
    $99,000
    $892,100
    $991,100
    -
    $99,000
    $892,100
    $991,100
    More about this property
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