2425 E Magnesium Rd Spokane, WA 99217
Property profile & analytics
2425 E Magnesium Rd Spokane, WA 99217
- Industrial properties
- 35,720 SF
- 46.70 lot acres
Property ID
US90-0873650
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.
Location Intelligence
Current Use by Public Records
- Finnoe Design / Factory / Production Facility
- BL Iron, Inc / Factory / Production Facility
- Highwood Global / Industrial Manufacturer / Production Facility
Property Details for 2425 E Magnesium Rd
- Year built
- 1944
- Lot size
- 46.70 lot acres
- Property size
- 35,720 SF
- Property type
- Industrial properties
- APN
- 36215.9011
- APU
- 362159011
Description
This exceptional industrial property, known as the Magnesium Yard, presents a rare opportunity for businesses seeking expansive land in a prime Spokane County location. The property boasts a sizable area ranging from one to twenty-two acres, offering significant flexibility for various industrial uses. Its zoning designation is Heavy Industrial, allowing for a wide array of potential developments and operations. The site is primarily fenced, providing a secure environment for storage or other industrial activities. Convenient access to Nevada and the market is a key advantage, further enhanced by its proximity to the future 395. The property's Assessed Parcel Number (APN) is 36215.9011, and it's located in Spokane County, with Crestline serving as a cross street. This single-tenant property is ideal for companies requiring substantial space and strategic access to transportation routes. The flexible acreage allows for customization to meet specific business needs, making it an attractive investment for long-term growth and operational efficiency. The substantial size and strategic location combine to create a compelling opportunity for businesses seeking a secure and well-positioned industrial base of operations within Spokane County. The property's heavy industrial zoning ensures a wide range of permissible uses, making it suitable for a variety of industrial applications. Interested parties are encouraged to investigate this unique opportunity further.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,465,000
- 6.5%
- $3,195,000
- 7%
- $2,970,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,908,000
Market price range: $1.03M - $4.09M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.375
- Latitude
- 47.7376
- 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
$49,117
$2,543,070
$1,782,000
$4,325,070
-
$2,543,070
$1,782,000
$4,325,070
