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    13414 E Sprague Ave Spokane Valley, WA 99216
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    Property profile & analytics

    13414 E Sprague Ave, Spokane Valley, WA 99216

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    • Outlet malls
    • 90,585 SF
    • 2.08 lot acres
    Retail Spaces in Valley Plaza For Lease
    $7,375,000

    Retail Spaces in Valley Plaza

    Newly developed shopping center with retail opportunities and strong traffic.

    13414 - 13320 E Sprague Ave, Spokane Valley, WA 99216
    View Listing
    Property ID
    US90-1018780
    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
    $7,375,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joseph E. Samek, RPh / Pharmacy
    • Megan Baldwin, PharmD / Pharmacy
    • Jeff Simpson, RPH / Pharmacy
    • Kwon Marielle OD / Physician
    • higi / Physician

    Property Details for 13414 E Sprague Ave

    Year built
    1987
    Lot size
    2.08 lot acres
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    45221.9230
    APU
    452219230

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 16, 2024 — Coval Sv LLC — Deed · related $6M · Us Metro Bank
    Jul 3, 2023 $8,700,000 Coval Sv LLC Franklin Tombari Bargain And Sale Deed $6.5M · Nevada Covenant Group LLC
    Nov 23, 2021 — Frank Tombari — Deed · related $950k · Banner Bank
    Sep 18, 2014 — Grant,jean M Trust Grant,jean M Quit Claim Deed · related —

    Description

    Valley Plaza Shopping Center, located at 13414 E Sprague Ave, Spokane Valley, WA 99216, presents a significant commercial real estate opportunity. This 90,585 square foot retail center, built in 1987 and renovated in 1994, sits on 11.15 acres of land with prominent Sprague Avenue frontage. The property features a substantial 55,168 square foot anchor tenant suite, ideal for a variety of uses, including large-scale retail, office, or service businesses. Its multiple tenancy structure provides a diverse and established customer base. The property's APN is 45221.9314. Beyond the existing retail space, the property also includes developable pad sites, offering exceptional potential for new construction and expansion. This prime location in the heart of Spokane Valley ensures high visibility and accessibility, making it an attractive investment for businesses seeking a thriving market. The property's size, location, and existing infrastructure combine to create a compelling opportunity for significant return on investment. The combination of established retail space and development potential makes this a unique and versatile property. This is a chance to acquire a well-positioned commercial property in a dynamic and growing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,345,000
      ML approach
      $6,780,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,345,000
      Market price range: $6.35M - $22.1M

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


    Location Insight

    • Map
    • Local Demand
    City
    Spokane Valley
    County
    Spokane
    State
    Washington
    Longitude
    -117.225
    Latitude
    47.6562
    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
    $31,013
    $0.00
    $3,291,900
    $3,291,900
    -
    $0.00
    $3,291,900
    $3,291,900
    View Listing
    More about this property
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