Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $7,255,000
    Parking lots & garages

    1620 Mamer Rd, Spokane Valley, WA 99216-3722

    23,408 SF 4.46 ac lot Built 2021
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US90-1769076
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, Evergreen Commerce Park, offers a diverse range of spaces ideal for manufacturing, flex, warehouse, or distribution operations. Located in Spokane County's Valley submarket with direct Interstate 90 frontage, this multi-tenant building boasts a total of 41,163 square feet across three single-story buildings, constructed in 2021. Currently, 10,710 square feet of contiguous space is available, with a minimum divisible space of 2,142 square feet. The property features a 20-foot ceiling height, providing ample vertical space for various uses. The site encompasses 4.46 acres of land, offering ample room for expansion or outdoor storage. The building includes one loading dock and three-phase power. Tenant improvement (TI) allowances are available at a rate of $17.00 to $20.00 per square foot for built-out spaces. Property taxes are $0.20 per square foot. This is a rare opportunity to secure high-quality industrial space in a thriving location with excellent access to major transportation routes. Contact us today to learn more about leasing options and explore the possibilities for your business.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 2021
    Total area 23,408 SF
    Lot 4.46 ac (194,289 SF)
    APN 45104.0213
    UPID US90-1769076
    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
    by Request
    Comparable Approach Comparable
    $7.56M
    Blend (final) Blend
    $7.26M
    Owner & transaction history
    Mamer Properties II LLC · 3 yrs held
    Mamer Properties II LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $5.9M +49.5%
    Medical building $5.6M +42.2%
    Restaurant $5.2M +32.5%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1620 Mamer Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message