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Property profile & analytics
OFF-MARKET
Commercial real estate

15809 4Th Ave Spokane Valley, WA 99037

3,840 SF Built 2024
Property ID
US90-1127944
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit townhouse development situated on a sizable 10,890 square foot lot in the thriving Spokane Valley, Washington. Completed in 2024, this two-story building boasts a total of 3,840 square feet of living space, offering a compelling net lease investment. The property is zoned MFR (Multi-Family Residential), ensuring future flexibility and potential for growth. Conveniently located less than two miles from Interstate 90 and the Spokane Valley Mall, this property enjoys excellent access to major transportation routes and retail amenities. Its proximity to the Appleway Trail provides residents with recreational opportunities, while its location near Central Valley High School adds to its appeal. The property is also within walking distance of various restaurants and retail shops. The seller will provide the buyer with existing plans and permits, streamlining the acquisition process. This is a turnkey investment ready for immediate income generation. The APN is 45242.0641, and the address is 15809 E 4th Ave, Spokane Valley, WA 99037. Don't miss this chance to own a high-yield property in a rapidly expanding market.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 3,840 SF
APN 45242.0641
UPID US90-1127944
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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