Spokane Valley, WA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Spokane Valley, Washington Market population: 90K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Spokane Valley WA Properties: 0.9200%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Spokane Valley WA
Common questions from investors exploring commercial real estate in Spokane Valley WA.
What is the overall investment potential of Spokane Valley, WA?
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The 13.1% poverty rate combined with a high 92.4% health insurance coverage rate suggests a relatively stable market with access to employment opportunities, making it an attractive investment destination, especially considering the top industries such as Public Administration and Finance & Insurance which drive local economic growth.
How does the commute time and method impact the quality of life for renters in Spokane Valley?
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The average commute time of 22.1 minutes, primarily driven by individuals who drive alone (83.2%), indicates a manageable and relatively stress-free commute, which, coupled with a high health insurance rate of 92.4%, suggests a good quality of life for renters and potentially higher tenant retention rates.
What role does ethnic diversity play in the demand for real estate in Spokane Valley?
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The ethnic diversity, led by White (46.4%) and White Non-Hispanic (44.8%) populations, along with a notable Hispanic (3.1%) presence, contributes to a diverse market demand, and when combined with the median household income of $47,897 and a poverty rate of 13.1%, it suggests a working-class market with a stable demand for housing.
How do the median property value and property taxes influence the investment decision in Spokane Valley?
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The median property value of $174,100 and median property taxes of $2,298 provide a balanced outlook for investors, considering the 73.1% homeownership rate and the employed population of 41,569, which together indicate a stable and potentially growing housing market supported by a strong workforce in industries like Public Administration and Finance & Insurance.
What insights can be gleaned from the GINI coefficient and its implications for investment stability in Spokane Valley?
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The GINI coefficient of 0.403, which measures income inequality, when viewed alongside the median household income of $47,897 and a poverty rate of 13.1%, suggests a market with a manageable level of income inequality, and when combined with the high health insurance coverage rate of 92.4% and diverse top industries, it points to a relatively stable investment environment with opportunities for growth across different sectors.
Spokane Valley WA Real Estate & City Facts
Key facts and real estate information about Spokane Valley WA.
What are some of the best neighborhoods to live in Spokane Valley?
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Some of the best neighborhoods to live in Spokane Valley include Painted Hills, which is known for its beautiful scenery and wildlife, and North Spokane, which is considered one of the top-tier areas. Other neighborhoods like South Hill, Indian Trail, and Liberty Lake are also popular for their convenient commutes to employment and access to outdoor recreation.
What are some fun things to do in Spokane Valley?
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There are plenty of fun things to do in Spokane Valley, such as visiting Mirabeau Meadows Park, Splash Down Waterpark, and For Life Tennis Academy. You can also explore the local parks and trails, go fishing or rafting on the Spokane River, or sample award-winning local wines. Additionally, the city offers a vibrant mix of retail shopping, restaurants, and entertainment options.
What is the food scene like in Spokane Valley?
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The food scene in Spokane Valley is diverse and exciting, with a range of restaurants to choose from. Some popular spots include Cottage Cafe, Dave's Bar and Grill, and Ambrosia Bistro and Wine Bar. There are also plenty of great food trucks and fine dining options available, covering a variety of cultures and cuisines. You can find everything from classic American comfort food to international flavors like Japanese and Italian.
What are the pros and cons of living in Spokane Valley?
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The pros of living in Spokane Valley include its convenient location, outdoor recreation opportunities, and a vibrant mix of retail shopping and entertainment options. However, some cons include the potential for traffic and congestion, especially during commute hours, and the need for a car to get around. Additionally, some areas of the city may be more prone to crime or have limited job opportunities. Overall, it's a great place to live for those who value a balance of urban and natural amenities.
Is Spokane Valley a good place to live?
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Spokane Valley can be a great place to live, depending on your individual preferences and priorities. It offers a unique blend of urban and natural amenities, with plenty of opportunities for outdoor recreation and a vibrant cultural scene. While it may have some drawbacks, such as traffic and limited job opportunities in certain areas, the city's overall quality of life and affordability make it an attractive option for many people. Ultimately, whether or not Spokane Valley is a good place to live will depend on your personal lifestyle and what you're looking for in a community.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Spokane Valley WA Commercial Property: $47,897
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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