Property profile

1414 Argonne Rd Spokane Valley, WA 99212

OFF-MARKET
Auto shops
Property ID
US90-0972963
1,426 SF 0.28 ac lot Built 1979
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,426 square foot retail space, located at 1414 N Argonne Rd in Spokane Valley, Washington, 99212, presents a fantastic opportunity. The property is a single-tenant building, ideal for a service-oriented business. Recent renovations have modernized the space, making it move-in ready. Key features include two newer hydraulic in-ground lifts, perfect for businesses requiring this type of equipment. The property also boasts two convenient drive-thru bays, enhancing customer accessibility and operational efficiency. Ample parking is available for both customers and employees, ensuring a positive experience. The building's location on a major Spokane Valley arterial provides excellent visibility and accessibility, guaranteeing high traffic volume and exposure. The monthly rent is $3,750, with estimated net operating expenses (NNN) of $5.59 per square foot. This Spokane County property is situated in submarket 1414 and offers a compelling combination of modern amenities, convenient location, and strong potential for growth. This is a rare opportunity to secure a well-maintained, high-traffic retail space in a thriving Spokane Valley location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,426 SF
Lot 0.28 ac (12,000 SF)
APN 45172.0742
UPID US90-0972963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1414 Argonne Rd Spokane Valley, WA 99212-2685
Spokane Valley metro Census 12000 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2013
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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