1370 Port Dr Clarkston, WA 99403
- Distribution centers
- 67,832 SF
- 5.21 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 1370 Port Dr
- Year built
- 1977
- Lot size
- 5.21 lot acres
- Property size
- 67,832 SF
- Property type
- Distribution centers
- APN
- 11320001200030000
Description
This exceptional investment opportunity presents a fully occupied, multi-tenant industrial warehouse totaling 67,832 square feet, situated at 1370 Port Dr, Clarkston, WA 99403. The property boasts a strong 4.20% capitalization rate with a Net Operating Income (NOI) of $189,071 and an asking price of $4,500,000 ($66.34/SF). Built in 1977, this warehouse sits on a 5.21-acre lot (APN: 11320001200030000) and is zoned HI. The building features 33 dock-high doors and 2 grade-level doors, providing ample loading capabilities. Clear ceiling height reaches 25 feet, and the property includes a wet sprinkler system. The space is comprised of 61,992 square feet of warehouse/distribution space and 5,840 square feet of office space (approximately 8.6%). Current tenants include FedEx, Rousseau Co., XPO Logistics Freight, and Clearwater Paper. Recent improvements include a new membrane roof (2010) and exterior paint (2021). This property offers significant repositioning opportunities due to shorter-term leases and presents an attractive low entry basis, below replacement value. Its prime location in the Port of Clarkston provides easy access to major highways and Lewiston, Idaho, offering strong logistical advantages for both investors and owner-users.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarkston
- County
- Asotin
- State
- Washington
- Longitude
- -117.06145955249
- Latitude
- 46.423871971263
