1521 Argonne RdSpokane Valley, WA 99212

Property Details for 1521 Argonne Rd

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.67 AC

Property size (Sq ft)

9,520 SF

Property type

Retail space

APN

45181.0144

APU

451810144

Description

This exceptional single-story retail property, the Argonne Mission Center, is located at 1521 N Argonne Rd in Spokane Valley, WA 99212. Built in 2003, this 9,520 square foot strip center offers a prime opportunity for businesses seeking high-visibility retail space in a thriving Spokane Valley location. The property features a multi-tenant configuration, providing flexibility for various retail concepts. Currently, one retail space is available, measuring 1,330 square feet, ideal for a smaller business looking to establish a presence in this busy area. The property's location in Spokane County, with its APN 45181.0144, ensures easy access to major transportation routes and a strong customer base. The building's single-story design provides convenient access and ample parking for customers and employees. This is an excellent opportunity to secure a well-located retail space in a vibrant community. The property's 2003 construction ensures modern amenities and efficient layouts. Interested parties should inquire about the available space and lease terms. This property presents a compelling investment opportunity for those seeking a strong retail presence in Spokane Valley.

• CAP approach

  CAP return

  Valuation

  6%

  $2,502,694

  6.5%

  $2,310,179

  7%

  $2,145,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,114,993

  Geo Method

  $5,114,993

• Alternative Use

  Use

  Valuation

  Residential

  $1,948,723

  Hospitality

  $1,785,019

  Educational

  $1,485,115

  Medical

  $1,536,191

  Retail

  $2,310,179

Location Insight

City

Spokane Valley

County

Spokane

State

Washington

Latitude

47.6711

Longitude

-117.283

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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