806 Park RdSpokane Valley, WA 99212

Property Details for 806 Park Rd

Year built

2015

Lot size

2.06 AC

Property size (Sq ft)

1,844 SF

Property type

Retail space

APN

45182.9010

APU

451829010

Description

This exceptional retail opportunity in Spokane Valley, WA, presents 4,395 square feet of vacant space in a thriving neighborhood commercial center. Located at 806 N Park Rd, 99212, this property boasts a total building size of 3,503 square feet and is zoned for neighborhood commercial use. The space is divisible, with a minimum leasable area of 1,217 square feet and a maximum contiguous space of 4,395 square feet, offering flexibility for various retail concepts. The property's prime location benefits from high visibility and accessibility, further enhanced by the presence of a new convenience store and gas station nearby, attracting over 1200 customers daily. This new construction offers a modern and efficient layout, ideal for businesses seeking a high-traffic location. The property's parcel number is 45182.9010. This is a rare chance to establish a business in a dynamic and growing area of Spokane Valley. The property's strategic location and the high volume of foot traffic from the adjacent new convenience store and gas station make this an exceptional investment opportunity. Don't miss this chance to secure your place in this bustling commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $484,766

  6.5%

  $447,476

  7%

  $415,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $990,761

  Geo Method

  $990,761

• Alternative Use

  Use

  Valuation

  Residential

  $377,463

  Hospitality

  $345,754

  Educational

  $287,663

  Medical

  $297,556

  Retail

  $447,476

Location Insight

City

Spokane Valley

County

Spokane

State

Washington

Latitude

47.6646

Longitude

-117.303

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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