1927 S Garfield Rd Airway Heights, WA 99001
For Sale
1 / 50
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.