Technical
Financial
Distress signals
Property profile

3118 Boone Ave Spokane, WA 99202

OFF-MARKET
Warehouses
Property ID
US90-1687116
3,264 SF 0.57 ac lot Built 1931
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 735-square-foot flex/warehouse space is available for lease in Spokane, Washington. Located at 3118 E Boone Ave, Suite A, in Spokane County, this property offers a unique blend of warehouse and office functionality, ideal for a variety of businesses. The space is currently vacant and ready for immediate occupancy. The building features 200 amps of 3-phase power, ensuring sufficient electrical capacity for most industrial needs. The property is zoned for light industrial use, providing flexibility for various operations. The address is conveniently located within Spokane, WA, zip code 99202, offering easy access to transportation routes and local amenities. This multi-tenant building presents a great opportunity for a business seeking a functional and well-located space to establish or expand its operations. The total building square footage is 735 square feet, with the entire space currently available for lease. This property is perfect for businesses requiring a combination of warehouse and office space, offering a practical and efficient layout. The property's light-industrial zoning allows for a range of potential uses, making it a versatile option for various business types. The ample power supply ensures that the space can accommodate a wide range of equipment and machinery. This is a prime opportunity to secure a well-located and functional industrial space in a thriving Spokane County location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1931
Total area 3,264 SF
Lot 0.57 ac (25,000 SF)
APN 35152.1708
UPID US90-1687116

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3118 Boone Ave Spokane, WA 99202-3608
Spokane metro Census 14500 SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3118 Boone Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message