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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Retail space

1521 Argonne Rd Spokane Valley, WA 99212-2545

9,520 SF 0.67 ac lot Built 2003
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-3298653
Property summary
AI-generated overview

This exceptional single-story retail property, the Argonne Mission Center, is located at 1521 N Argonne Rd in Spokane Valley, WA 99212. Built in 2003, this 9,520 square foot strip center offers a prime opportunity for businesses seeking high-visibility retail space in a thriving Spokane Valley location. The property features a multi-tenant configuration, providing flexibility for various retail concepts. Currently, one retail space is available, measuring 1,330 square feet, ideal for a smaller business looking to establish a presence in this busy area. The property's location in Spokane County, with its APN 45181.0144, ensures easy access to major transportation routes and a strong customer base. The building's single-story design provides convenient access and ample parking for customers and employees. This is an excellent opportunity to secure a well-located retail space in a vibrant community. The property's 2003 construction ensures modern amenities and efficient layouts. Interested parties should inquire about the available space and lease terms. This property presents a compelling investment opportunity for those seeking a strong retail presence in Spokane Valley.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,520 SF
Lot 0.67 ac (29,260 SF)
APN 45181.0144
UPID US90-3298653
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
$1.12M
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.22M
Owner & transaction history
Argonne Mission II LLC · 6 yrs held
Argonne Mission II LLC
since 2020
Last sale
$1.3M
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
$1.3M
2015
Price N/A
2005
Price N/A
2003
$2.1M
2002
$526,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.9M +16.2%
Industrial (general) $1.7M +5.8%
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