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Property profile & analytics

16614 Sprague Ave Spokane Valley, WA 99037-8967

  • Warehouses
  • 4,816 SF
  • 1.09 lot acres
OFF-MARKET
Value Estimation
$380,000
Last Sale
Nov 23, 2020
$450,000
Location Intelligence
Property ID
US90-3235222
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Unleashed Academy / Dog Trainer

Property Details for 16614 Sprague Ave

Year built
1930
Lot size
1.09 lot acres
Property size
4,816 SF
Property type
Warehouses
APN
45241.0111
APU
452410111

Description

This exceptional 5,485 square foot storefront retail/showroom building presents a unique investment opportunity in the thriving Spokane Valley market. Situated on a 1.09-acre parcel at 16614 E Sprague Ave, Spokane Valley, WA 99037, this property boasts a highly visible location along a busy arterial, offering unparalleled exposure to a large customer base. Built in 2022, the two-story building is currently vacant, providing a blank canvas for a discerning buyer to customize to their specific business needs. The property's CMU zoning allows for a variety of commercial uses. Its strategic location between Sullivan and Liberty Lake, with convenient access to major thoroughfares and amenities, ensures both employee and customer convenience. The proximity to Interstate 90 further enhances its accessibility and appeal. This turnkey property represents a rare chance to acquire prime real estate in a rapidly growing area, offering significant potential for long-term growth and profitability. The asking price is $1,600,000. The property features one building and is situated on APN 45241.0111.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $315,000
  • CAP approach

    CAP return
    Estimation
    6%
    $420,000
    6.5%
    $365,000
    7%
    $410,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $390,000
    Geo Method
    $385,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $455,000
    Retail
    $495,000
    Mixed-Use
    $445,000
    Hospitality
    $470,000
    Educational
    $490,000
    Residential Income
    $495,000
    Energy
    $460,000
    Income-Based Land
    $430,000
    Food Service
    $430,000

Location Insight

  • Map
  • Local Demand
City
Spokane Valley
County
Spokane
State
Washington
Longitude
-117.181
Latitude
47.6561
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,616
$190,100
$341,400
$531,500
-
$190,100
$341,400
$531,500
More about this property
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