3808 Sullivan RdSpokane Valley, WA 99216

  • Outlet malls
  • 1,772 SF
For Lease
$6/SF/YR View listing

Property Details for 3808 Sullivan Rd

Year built
1962
Lot size
0.03 AC
Property size (Sq ft)
1,772 SF
Property type
Outlet malls
APN
45016.9052
APU
450169052

Description

This Spokane Valley, WA warehouse sublease offers 3,200 square feet of versatile space, perfectly suited for various business needs. The property boasts a strategic location with convenient access to major transportation arteries and nearby amenities. The layout includes a well-appointed 620 square foot office area and a spacious 2,580 square foot warehouse. A single loading dock facilitates efficient loading and unloading operations. This single-tenant space is ideal for businesses involved in distribution, logistics, e-commerce, or light manufacturing. The property's location provides excellent accessibility, making it a cost-effective and strategically advantageous option for businesses seeking growth potential. The address is 3808 N Sullivan Rd, Building 12, Suite Q, Spokane Valley, WA 99216. This sublease presents a compelling opportunity for companies seeking a functional and well-situated industrial space in a thriving area. The property is classified as both office and industrial, offering a blend of workspace types within a single unit. This flexible space allows for a variety of configurations to meet specific business requirements. The property's size and features make it an attractive option for businesses looking to expand or relocate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $465,838
    6.5%
    $430,004
    7%
    $399,289
  • Comparable approach

    Method
    Valuation
    Relative Method
    $952,076
    Geo Method
    $952,076
  • Alternative Use

    Use
    Valuation
    Residential
    $362,724
    Hospitality
    $332,254
    Educational
    $276,431
    Medical
    $285,938
    Retail
    $430,004
3808 Sullivan Rd, Spokane Valley, Washington

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.6908
Longitude
-117.196
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
$360
-
$33,500
$33,500
-
-
$33,500
$33,500

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