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Property profile & analytics
OFF-MARKET Estimated value $880,000
Retail space

9119 Broadway Ave Spokane Valley, WA 99206-3895

6,701 SF 0.97 ac lot Built 2004
Entity Owned 8-yr Hold Free & Clear
Property ID
US90-1546821
Property summary
AI-generated overview

This exceptional retail property, located at 9119 E Broadway Avenue in Spokane Valley, Washington, offers a prime opportunity for businesses seeking high visibility and convenient access. Built in 2004, the 6,701 square foot building sits on a 0.98-acre lot (approximately 42,330 square feet), providing ample space and excellent exposure on Broadway Avenue, situated between N Argonne Road and N Mullan Road. The property is currently configured for multiple tenants, with one retail space of 1,250 square feet immediately available. A total of 2,500 square feet is currently vacant, presenting a unique chance to customize space to meet specific business needs. The property's location in Spokane County, Washington, zip code 99206, ensures easy access for customers and employees. This well-maintained building presents a strong investment opportunity for businesses seeking a high-traffic location in a thriving Spokane Valley commercial corridor. The property's size and configuration offer flexibility for a variety of retail uses, making it an ideal choice for expanding businesses or new ventures. The ample lot size also allows for potential future expansion or outdoor amenities. This is a rare opportunity to secure a prominent retail space in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction STEEL FRAME
Total area 6,701 SF
Lot 0.97 ac (42,330 SF)
APN 45172.1230
UPID US90-1546821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • www.fastlanedrivingacademy.com Training Center Vocational School
  • TC Golf Academy Golf Instructor
  • Bratcher Elizabeth M Physician
  • Starbucks Cafe & Coffee Shop
  • Weldon Barber Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$955k
Comparable Approach Comparable
$683k
Blend (final) Blend
$880k
Owner & transaction history
City Of Spokane Valley · 8 yrs held
City Of Spokane Valley
since 2018
5 recorded transactions
2021
Price N/A
2018
Price N/A
2018
$3,424
2004
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.5M +36.7%
Medical building $1.4M +28.1%
Office building $1.3M +18.6%
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