424 Sullivan RdSpokane Valley, WA 99037

Property Details for 424 Sullivan Rd

Year built

1971

Construction

STEEL FRAME

Lot size

0.26 AC

Property size (Sq ft)

1,600 SF

Property type

Office properties

Property subtype

Office buildings

APN

45231.3503

APU

452313503

Description

This exceptional executive office space, located at 424 S Sullivan Rd in Spokane Valley, WA 99037, offers a prime opportunity for businesses seeking a prestigious address. The property, built in 1971 and boasting Corridor Mixed Use (CMU) zoning, comprises a total of 3,200 square feet, with 3,184 square feet currently vacant and available for lease. The space is situated on the second floor and offers a maximum contiguous area of approximately 1,837 square feet, with a minimum divisible space of 143 square feet, providing flexibility for various business needs. The building features ample parking with 12 spaces available for tenants. Its convenient location on Sullivan Road offers excellent visibility and easy access to Sprague Avenue and Interstate 90, ensuring convenient commutes for employees and clients alike. The property's APN is 45231.3503. This is a multi-tenant building offering a professional and efficient work environment. The property's central Spokane Valley location provides easy access to a variety of amenities and services, making it an ideal location for businesses of all sizes. The available space is perfect for companies seeking a modern and functional workspace in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $286,137

  6.5%

  $264,126

  7%

  $245,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,136

  Geo Method

  $341,136

• Alternative Use

  Use

  Valuation

  Residential

  $327,516

  Hospitality

  $300,003

  Educational

  $249,599

  Medical

  $258,183

  Retail

  $388,265

Location Insight

City

Spokane Valley

County

Spokane

State

Washington

Latitude

47.6526

Longitude

-117.197

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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