15920 Indiana AveSpokane Valley, WA 99216

For Lease
$20/SF/YR View listing
  • Office buildings
  • 13,834 SF

Property Details for 15920 Indiana Ave

Year built
2005
Lot size
1.87 AC
Property size (Sq ft)
13,834 SF
Property type
Office buildings
APN
45132.0417
APU
451320417

Description

This exceptional executive office suite, located within the prestigious Indiana Professional Center in Spokane County, presents a unique opportunity for discerning businesses. The suite offers 1,927 square feet of well-appointed space within a larger 27,668 square foot building, constructed in 2005. The building features a two-story design and ample parking, with a ratio of 5.1 spaces per 1,000 square feet. The property sits on a generous 1.87-acre lot, providing ample room for expansion or outdoor amenities. The property is zoned for mixed-use, offering flexibility for a variety of business types. This single-tenant occupancy provides privacy and control. The building's modern design and convenient location within Spokane County make it an ideal choice for businesses seeking a professional and efficient workspace. The property's Assessed Parcel Number (APN) is 45132.0417. This is a rare opportunity to secure a prime office space in a desirable location. The available space is ready for immediate occupancy. Don't miss this chance to establish your business in this thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,474,009
    6.5%
    $2,283,700
    7%
    $2,120,579
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,949,547
    Geo Method
    $2,949,547
  • Alternative Use

    Use
    Valuation
    Residential
    $2,831,789
    Hospitality
    $2,593,903
    Educational
    $2,158,097
    Medical
    $2,232,317
    Retail
    $3,357,040
15920 Indiana Ave, Spokane Valley, Washington

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.6687
Longitude
-117.191
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
$51,618
$814,410
$4,569,800
$5,384,210
-
$814,410
$4,569,800
$5,384,210

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