1521 Argonne Rd, Spokane Valley, WA 99212-2545
- Retail space
- 9,520 SF
- 0.67 lot acres
Current Use by Public Records
- Retail space
Property Details for 1521 Argonne Rd
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.67 lot acres
- Property type
- Retail space
- APN
- 45181.0144
- APU
- 451810144
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 19, 2020 | — | Argonne Mission II LLC | — | Deed · related | $1.5M · Spokane Teacher Cu |
| Jan 2, 2020 | — | Argonne Mission II LLC | Argonne Mission LLC | Quit Claim Deed · related | — |
| Apr 18, 2019 | $1,250,000 | Argonne & Mission LLC | Foster Family Trust | Warranty Deed | — |
| May 11, 2015 | — | Ann C Foster | Argonne Freedom LLC | Quit Claim Deed · related | — |
| Apr 12, 2005 | — | Argonne Freedom LLC | Foster,ann C | Warranty Deed | — |
| Jun 12, 2003 | $2,088,698 | Gem Productions LLC | Wam Enterprises INC | Grant Deed | $1.7M · American West Bank |
| Dec 30, 2002 | $526,000 | Wam Enterprises INC | Tesoro Refining & Marketing Co | Grant Deed | — |
| Nov 13, 2001 | $373,901 | Tesoro West Coast Co | Gull Industries INC | Grant Deed | — |
| — | — | Wam Enterprises INC | — | Deed Of Trust · related | $1.7M · Valley Financial Center INC |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $870,000
- ML approach
- $1,120,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,645,000
- 6.5%
- $1,520,000
- 7%
- $1,410,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,236,000
Market price range: $285k - $2.26M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,620,000 Current use
- AUTO REPAIR, GARAGE
- $1,880,000 Change: +16% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,715,000 Change: +6% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,535,000 Change: -5% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.283
- Latitude
- 47.6711
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA