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    1500 W 1St St Cheney, WA 99004
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    Property profile & analytics

    1500 W 1St St Cheney, WA 99004


    • Manufacturing properties
    • 108,600 SF
    • 10.08 lot acres
    Former Honeywell Manufacturing Facility For Sale
    $7,500,000
    112,501 SF

    Former Honeywell Manufacturing Facility

    112,500 SF manufacturing facility on 10.08 acres.

    1500 W 1st St, Cheney, WA 99004
    View Listing
    Property ID
    US90-3362112
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1500 W 1St St

    Year built
    1982
    Lot size
    10.08 lot acres
    Property size
    108,600 SF
    Property type
    Manufacturing properties
    APN
    13232.0086
    APU
    132320086

    Description

    This exceptional 112,501-square-foot industrial property, situated on a 10.08-acre lot in Cheney, Washington, presents a compelling investment opportunity. Originally constructed in 1982 as a Honeywell microchip manufacturing plant, the building boasts robust infrastructure including heavy power, concrete walls, and concrete roof trusses. The property is zoned LI and features three loading docks and four dock-high doors. Recent upgrades include a new roof (2017) and fresh interior paint (2019), enhancing the building's overall condition. Currently leased to Allpack under an absolute net lease, meaning all repair and operating costs are the tenant's responsibility, this property offers a low-maintenance, high-return potential. The building's interior is well-maintained, reflecting its suitability for a variety of manufacturing or warehousing operations. The property's strategic location in Cheney, WA, with its address at 1500 W 1st St, zip code 99004, offers convenient access to transportation networks and a skilled workforce. The asking price is $8,000,000, translating to $71.11 per square foot. This represents a significant opportunity to acquire a well-maintained, strategically located industrial asset with a strong tenant in place. The property's APN is 13232.0086. This is a rare chance to own a substantial piece of Cheney's industrial landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,413,000
      Market price range: $2.11M - $12.5M

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


    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.604
    Latitude
    47.4747
    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
    $44,885
    $175,630
    $5,201,100
    $5,376,730
    -
    $175,630
    $5,201,100
    $5,376,730
    View Listing
    More about this property
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