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    OFF-MARKET Estimated value $965,000
    Day care centers

    14711 Broadway Ave, Spokane Valley, WA 99216-2035

    5,122 SF 0.77 ac lot Built 1998
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US90-1320218
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.01M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $965k
    Owner & transaction history
    Spokane Valley Montessori · 1 yrs held
    Spokane Valley Montessori
    since 2025
    Last sale
    $900,000
    5 recorded transactions
    2026
    2025
    $900,000
    2024
    $857,723
    2016
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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