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Property profile & analytics
FOR SALE
Warehouses

1927 S Garfield Rd Airway Heights, WA 99001

4,600 SF 1.83 ac lot Built 1981
Individually Owned 18-yr Hold Free & Clear
Property ID
US90-3310021
Property summary
AI-generated overview

This exceptional industrial property, located at 1927 S Garfield Rd in Airway Heights, WA, 99001, offers a compelling investment opportunity. The property encompasses approximately 11,800 square feet across two structures situated on a 1.83-acre lot (APN 15252.0149). The main building comprises roughly 7,600 square feet, including 800 square feet of office space and an additional 800 square feet of apartment space featuring two bedrooms. A substantial 6,000 square foot warehouse/shop area boasts a 16-foot clear span ceiling. A second building adds another 4,200 square feet of warehouse space, also with a 16-foot clear span ceiling. Both warehouse structures have insulated exterior walls and ceilings. The property includes seven dock-high doors and is conveniently located south of US Highway 2, providing easy access to I-90 via Hayford Road. The property is zoned I-1 and was built in 1981. Compressed air lines are plumbed throughout. The asking price is $1,195,000, translating to $101.27 per square foot. This property presents a rare combination of warehouse, office, and residential space, making it ideal for a variety of uses. The fenced yard provides ample outdoor storage or operational space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Total area 4,600 SF
Lot 1.83 ac (79,930 SF)
APN 15252.0149
UPID US90-3310021
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Alexsandr V Zhelez · 18 yrs held
Alexsandr V Zhelez
since 2007
2 recorded transactions
2007
$325,500
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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