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    FOR LEASE
    Warehouses

    18909 E Appleway Ave, Spokane Valley, WA 99016

    14,000 SF 1.01 ac lot Built 1975
    Individually Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US90-2121435
    18909 E Appleway Ave, Spokane Valley, WA 99016 For Lease
    $0.75 SF/Yr 4,800 SF available
    18909 E Appleway Ave, Spokane Valley, WA 99016
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 17,635 square foot industrial land parcel is ideally situated in Spokane Valley, Washington, at 18909 E Appleway Ave, near the intersection of Barker and Appleway. Zoned CMU, this single-tenant property presents a unique opportunity for developers and businesses seeking a strategically located site in Spokane County. The property's expansive size allows for significant flexibility in development plans, catering to a variety of industrial uses. The address is conveniently located within Spokane Valley, offering easy access to major transportation routes, enhancing logistical efficiency for any future operations. A key feature is the existing water stub located in the northwest corner of the property, providing a significant head start for any construction project. This ready-to-develop site is situated in the 99016 zip code, providing access to a robust local workforce and established infrastructure. The property's single-tenant designation simplifies ownership and management, making it an attractive investment for those seeking a straightforward and efficient land acquisition. This prime industrial land offers a compelling combination of size, location, and utility, representing a rare opportunity in the Spokane Valley market. The property's zoning and location make it suitable for a range of industrial applications. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1975
    Construction STEEL FRAME
    Total area 14,000 SF
    Lot 1.01 ac (43,871 SF)
    APN 55173.0612
    UPID US90-2121435
    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
    • Pro Cut Saw & tool Building Supply
    • Cross Office Law Firm
    • CryoEdge Production Facility Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $710k
    Owner & transaction history
    John F Alcamo · 12 yrs held
    John F Alcamo
    since 2014
    4 recorded transactions
    2014
    $529,250
    2005
    $750,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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