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Financial
Distress signals
Property profile

1322 N Whitman Ln Liberty Lake, WA 99019

FOR LEASE
Office buildings
Property ID
US90-0103858
14,632 SF 3.07 ac lot Built 2001
Last sale Apr 2007 · $706,446
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office building was constructed in 2001 and remodeled in 2007, providing flexible office space ranging from 20,000 to 42,551 square feet. The property is located in the central area of Liberty Lake, Washington, along I-90 between Spokane, WA, and Post Falls/Coeur d'Alene, ID, with frontage and visibility from the interstate. It features ample on-site parking and has separate building entries at each end. Electrical service includes three incoming feeds rated at 208VAC: 800 amp,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$58k
Tax billed · 2023
Assessed value · 2024$6.27M
Assessed land$1.34M
Assessed improvement$4.93M
Effective rate0.92%

Value estimate

· Oct 2026
$2.44M
$2.20M – $2.68M
CAP approach$2.57M
NOI build-up
Gross scheduled income$853k
Vacancy & credit loss−$183k
Operating expenses−$167k
NOI · 3,138,950.00% cap applied$502k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$216/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$96 – $391

Cap rate analysis

How does the asset earn?
3,138,950.00%
$502k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSPOKANE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.4
Wholesale Shop10.9
Convenience Store10.0

Location

1322 N Whitman Ln Liberty Lake, WA 99019
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23813 Appleway, Liberty Lake, WA 99019-9684 $2,100,000 Apr 2025 5,289 SF
1620 Signal, Liberty Lake, WA 99019-9517 $300,000 Oct 2022 57,965 SF
1334 Whitman Ln, Liberty Lake, WA 99019-6034 $7,650,000 Aug 2021 No data
2218 Molter, Liberty Lake, WA 99019-8603 $3,350,000 Jun 2021 23,950 SF
2207 Molter, Liberty Lake, WA 99019-7570 $2,150,000 Nov 2019 112,850 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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