Property profile

14711 Broadway Ave Spokane Valley, WA 99216

OFF-MARKET
Day care centers
Property ID
US90-1320218
5,122 SF 0.77 ac lot Built 1998
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-story school building, located at 14711 E. Broadway Ave in Spokane Valley, WA 99216, presents a unique investment opportunity. Boasting 6,402 square feet of net rentable space on a 0.77-acre lot (APN 45141.9273), this property is ideally suited for continued use as a school or daycare. Constructed in 1998 and renovated in 2000, the building is in good condition and features a fully sprinklered system. The property also includes a secure, fenced playground area, enhancing its appeal for educational purposes. Currently vacant, the building is ready for immediate occupancy, starting October 21, 2024. The property is offered at an asking price of $949,000 with a triple net (NNN) lease type. Potential buyers or tenants should independently verify the conditional use permit with the City of Spokane Valley to confirm its suitability for school or daycare operations. This is a rare opportunity to acquire a well-maintained, ready-to-use school building in a desirable location. The single building is one story and sits on a sizable lot, offering ample space for expansion or outdoor activities. This property is being sold as-is.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1998
Total area 5,122 SF
Lot 0.77 ac (33,696 SF)
APN 45141.9273
UPID US90-1320218

Cap rate & NOI

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

Location

14711 Broadway Ave Spokane Valley, WA 99216-2035
Spokane Valley metro Census 12901 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.06M

Owner & transaction history

since 2025
Last sale
$900,000
5 recorded transactions
2026
Price N/A
2025
$900,000
2024
$857,723
2016
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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