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    OFF-MARKET
    Distribution centers

    1507 Thierman Rd, Spokane Valley, WA 99212-1178

    15,000 SF 0.73 ac lot Built 1980
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US90-0643569
    Property summary
    AI-generated overview

    This single-tenant industrial property, located at 1507 N Thierman Rd, Spokane Valley, WA 99212, offers a total of 15,000 square feet of space. Built in 1980, the building features a blend of warehouse and office space, ideal for a variety of businesses. The warehouse area encompasses approximately 14,232 square feet, complemented by approximately 768 square feet of office space and an additional 768 square feet of mezzanine storage, capable of supporting a 40 lbs per square foot load. Access is facilitated by one loading dock and three drive-in doors. The property sits on APN 35132.0106 and is zoned for industrial use. Currently, approximately 5,000 square feet is available for lease. The lease rate for office space is $1.00 per square foot per month, while the warehouse space is also $1.00 per square foot per month. NNN expenses are $0.13 per square foot per month. This well-located Spokane Valley property presents a compelling opportunity for businesses seeking efficient and versatile industrial space. The property's convenient access and ample space make it an attractive option for various industrial operations.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1980
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 15,000 SF
    Lot 0.73 ac (31,741 SF)
    APN 35132.0106
    UPID US90-0643569
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Yoguntwotemp LLC · 2 yrs held
    Yoguntwotemp LLC
    since 2024
    Last sale
    $2.1M
    7 recorded transactions
    2024
    $2.1M
    2023
    2020
    2020
    2011
    1998
    $75,000
    1998
    $920,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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