1334 Whitman LnLiberty Lake, WA 99019

Property Details for 1334 Whitman Ln

Year built

2010

Lot size

2.35 AC

Property size (Sq ft)

25,494 SF

Property type

Office buildings

APN

55152.9190

APU

551529190

Description

This exceptional two-story, 26,000 square foot Class B office building, constructed in 2010, presents a unique investment opportunity in Liberty Lake, Washington. Located at 1334 N Whitman Ln, 99019, this multi-tenant property boasts excellent visibility from Interstate 90, enjoying high traffic counts of 79,000 vehicles daily. The building features a desirable tenant mix and ample parking. Currently, two suites are available, ranging from 3,105 to 3,743 square feet, ideal for traditional office, medical office, or creative office uses. Building amenities include a convenient elevator, an interior reader board for enhanced visibility, and a beautifully landscaped park-like setting complete with a waterfall. Situated in Spokane County, this property offers a blend of functionality and aesthetic appeal, making it an attractive option for businesses seeking a prominent location with impressive surroundings. The property's location provides easy access to major transportation routes, enhancing its appeal to both employees and clients. This is a rare opportunity to secure space in a well-maintained, highly visible building within a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,559,230

  6.5%

  $4,208,520

  7%

  $3,907,911

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,435,576

  Geo Method

  $5,435,576

• Alternative Use

  Use

  Valuation

  Residential

  $5,218,564

  Hospitality

  $4,780,177

  Educational

  $3,977,051

  Medical

  $4,113,828

  Retail

  $6,186,524

Location Insight

City

Liberty Lake

County

Spokane

State

Washington

Latitude

47.6692

Longitude

-117.11

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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