314 Jackson Ave Spokane, WA 99207
- Warehouses
- 12,115 SF
- 0.51 lot acres
Current Use by Public Records
- Warehouses
Property Details for 314 Jackson Ave
- Year built
- 1929
- Construction
- STEEL FRAME
- Lot size
- 0.51 lot acres
- Property size
- 12,115 SF
- Property type
- Warehouses
- APN
- 35082.3002
- APU
- 350823002
Description
This exceptional 12,115 square foot warehouse, situated on a 22,154 square foot lot at 314 E Jackson Ave, Spokane, WA 99207, presents a compelling investment opportunity. Built in 1929 and renovated in 2003, this single-story building boasts a prime location just off Division Street, offering easy access to downtown Spokane. The property includes approximately 1,500 square feet of office space, featuring a conference room, a bullpen/reception area, and a large private office. Loading is facilitated by one dock-high loading dock and a 14-foot roll-up door. The property benefits from high traffic counts on nearby Division Street and E. Jackson Avenue, estimated at 25,000 vehicles per day. The warehouse is currently vacant, providing immediate occupancy for a new tenant or owner-occupier. The property also features a fenced yard, adding to its functionality and security. APN: 35082.3002. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving Spokane neighborhood. The asking price is $1,625,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $860,000
- 6.5%
- $870,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $920,000
- Geo Method
- $810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $955,000
- Retail
- $940,000
- Mixed-Use
- $920,000
- Hospitality
- $870,000
- Educational
- $735,000
- Residential Income
- $765,000
- Energy
- $945,000
- Income-Based Land
- $955,000
- Food Service
- $885,000
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.406
- Latitude
- 47.6806
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA