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    217 Napa St Spokane, WA 99202-3034
    Property profile & analytics

    217 Napa St Spokane, WA 99202-3034


    • Parking lots & garages
    • 3,072 SF
    • 0.27 lot acres
    Off-Market
    Last Sale May 26, 2025
    Property ID
    US90-0262441
    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.

    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 217 Napa St

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    3,072 SF
    Property type
    Parking lots & garages
    APN
    35163.2708
    APU
    351632708

    Description

    This exceptional investment opportunity presents a 100% occupied, single-tenant warehouse located at 217 N Napa St, Spokane, WA 99202. The property, built in 1979 and renovated in 1981, boasts a light industrial zoning designation (Spokane County) and comprises a single building totaling [Building size - information not provided, please add this data]. Currently leased to Advanced Life Systems under a Net Lease (NNN) agreement, the tenant occupies the entire space through July 31, 2027, providing a stable income stream. The asking price for this turnkey investment is $575,000. Detailed building floor plans are available upon request. This property is ideally suited for investors seeking a secure, long-term, passive income generating asset in a desirable Spokane location. The property's location offers convenient access to major transportation routes, enhancing its logistical appeal. The 1981 renovation ensures the building is well-maintained and equipped to meet the needs of its current tenant. This is a rare opportunity to acquire a fully leased, low-maintenance industrial property in a thriving market. Further information, including detailed financial statements, is available to qualified buyers. Don't miss this chance to add a strong performing asset to your portfolio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $520,000
      ML approach
      $480,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $685,000
      Market price range: $329k - $993k
      AI Estimate
      $512,000
      Market price range: $162k - $669k
    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $515,000
      Current use
      OFFICE BUILDING
      $770,000
      Change: +50% Conversion: Difficult
      MEDICAL BUILDING
      $730,000
      Change: +42% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $605,000
      Change: +18% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $495,000
      Change: -4% Conversion: Difficult
      RETAIL STORES
      $440,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.382
    Latitude
    47.66
    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
    $2,567
    $47,770
    $214,300
    $262,070
    -
    $47,770
    $214,300
    $262,070
    More about this property
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