3923 Market StSpokane, WA 99207

  • Drive through restaurants
  • 2,887 SF
For Lease
$20/SF/YR View listing

Property Details for 3923 Market St

Year built
2001
Lot size
0.28 AC
Property size (Sq ft)
2,887 SF
Property type
Drive through restaurants
APN
35032.4205
APU
350324205

Description

This exceptional 1,300 square foot retail property is located at 3923 N Market St in Spokane, Washington, zip code 99207. The property is classified as a single-tenant strip center, ideal for a variety of retail businesses. Its convenient location offers excellent visibility and accessibility for customers. The building's size provides ample space for a retail operation, with potential for customization to suit specific business needs. The property's address is easily identifiable and situated within a well-established commercial area of Spokane. This presents a unique opportunity for businesses seeking a well-positioned retail space in a thriving Washington market. The property's single-tenant occupancy simplifies management and provides a stable income stream for investors. Detailed property information, including precise latitude and longitude coordinates (47.694586619914254, -117.36687705120207), is available upon request. This is a fantastic opportunity to acquire a well-located retail space in a growing Spokane neighborhood. Serious inquiries are encouraged to explore this promising investment prospect further. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $862,267
    6.5%
    $795,939
    7%
    $739,086
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,551,154
    Geo Method
    $1,551,154
  • Alternative Use

    Use
    Valuation
    Residential
    $671,404
    Hospitality
    $615,003
    Educational
    $511,675
    Medical
    $529,272
    Retail
    $795,939
3923 Market St, Spokane, Washington

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6947
Longitude
-117.367
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
$5,710
$78,000
$506,400
$584,400
-
$78,000
$506,400
$584,400

FAQs

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