1322 N Whitman Ln Liberty Lake, WA 99019
Property profile & analytics
1322 N Whitman Ln Liberty Lake, WA 99019
- Office buildings
- 14,632 SF
- 3.07 lot acres
Property ID
US90-0103858
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1322 N Whitman Ln
- Year built
- 2001
- Lot size
- 3.07 lot acres
- Property size
- 14,632 SF
- Property type
- Office buildings
- APN
- 55156.9186
- APU
- 551569186
Description
This exceptional Class A office building, located at 1322 N Whitman Ln in Liberty Lake, Washington, presents a compelling investment opportunity. Boasting a total of 42,551 square feet, this two-story structure was originally built in 2001 and underwent a significant renovation in 2007. The property offers flexible space options, with the potential to lease anywhere from 20,000 to 42,551 square feet, accommodating a variety of business needs. Its strategic location between Spokane, WA and Post Falls/Coeur d'Alene, ID, provides easy access to a thriving regional market. The building benefits from its proximity to new developments and enjoys high visibility from Interstate 90, ensuring strong brand recognition. Ample on-site parking is available for tenants and visitors. Separate entries at each end of the building enhance functionality and convenience. The asking price for this prime commercial property is $12,500,000. This presents a rare opportunity to acquire a well-maintained, highly visible, and strategically located office building in a rapidly growing area. The property's size, modern amenities, and convenient location make it an ideal investment for discerning buyers seeking a strong return on investment. The building's 2007 renovation ensures modern functionality and aesthetics, appealing to a wide range of potential tenants. The property's location in Spokane County, WA, zip code 99019, offers easy access to major transportation routes and a vibrant business community.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,785,000
- 6.5%
- $2,570,000
- 7%
- $2,390,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,165,000 Current use
- AUTO REPAIR, GARAGE
- $3,930,000 Change: +24% Conversion: Difficult
- RESTAURANT
- $3,170,000 Change: +0% Conversion: Moderate
- MEDICAL BUILDING
- $2,970,000 Change: -6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Liberty Lake
- County
- Spokane
- State
- Washington
- Longitude
- -117.11
- Latitude
- 47.6684
- 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
$57,709
$1,337,290
$4,929,000
$6,266,290
-
$1,337,290
$4,929,000
$6,266,290
