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Property profile & analytics
OFF-MARKET
Warehouses

16614 Sprague Ave Spokane Valley, WA 99037-8967

4,816 SF 1.09 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-3235222
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Total area 4,816 SF
Lot 1.09 ac (47,526 SF)
APN 45241.0111
UPID US90-3235222
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
Current use
Occupant on record · Public records
  • Unleashed Academy Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dog Sciences LLC · 5 yrs held
Dog Sciences LLC
since 2020
Last sale
$450,000
7 recorded transactions
2023
Price N/A
2022
Price N/A
2020
$450,000
2007
$219,719
2007
$234,719
2001
$220,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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