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    For Sale (62)

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    Spokane Land Development Opportunity
    $449,999
    0.85 Acres

    Spokane Land Development Opportunity

    Shovel-ready South Hill land with city approval for seven lots.

    3271 E Williamson Ct, Spokane, WA 99202
    View details
    Priest Lake Golf Course Land
    $350,000
    0.53 Acres

    Priest Lake Golf Course Land

    Half-acre lot with utilities and golf course views.

    60 Suncrest Ln, Priest Lake, ID 83856
    View details
    Spokane Valley Quarter-Acre Lots
    $184,700
    0.25 Acres

    Spokane Valley Quarter-Acre Lots

    Spacious lots in established neighborhood, ideal for custom homes.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    20 Acres Vacant Land Spokane
    $239,000
    20.00 Acres

    20 Acres Vacant Land Spokane

    20-acre vacant parcel in North Spokane with power access.

    W Ballard Rd, Spokane, WA 99208
    View details
    19 Acres Ready to Build
    $299,999
    19.00 Acres

    19 Acres Ready to Build

    Serene 19-acre treed property with well and approved septic.

    4710 B Price Rd, Clayton, WA 99110
    View details
    Forested Land Parcel in Deer Park
    $79,000
    3.85 Acres

    Forested Land Parcel in Deer Park

    3.85-acre parcel ideal for hobby farm or private residence.

    Nka Lower Weaver Way, Deer Park, WA 99006
    View details
    Land in Deer Park, WA
    $89,000
    4.92 Acres

    Land in Deer Park, WA

    4.92 acres of vacant land near Suncrest, Deer Park.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    Secluded Land in Deer Park
    $115,000
    3.95 Acres

    Secluded Land in Deer Park

    3.95 acres of secluded land near Suncrest and Long Lake.

    Nka Lower Weaver Way, Deer Park, WA 99006
    View details
    Land with Private Well
    $155,000
    3.50 Acres

    Land with Private Well

    3.5 acres of vacant land with private well near Spokane.

    Nka Weaver Way, Deer Park, WA 99006
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    Expansive Land Parcel in Spokane
    $249,000
    20.08 Acres

    Expansive Land Parcel in Spokane

    20.08 acres in North Spokane with owner financing.

    W Ballard Rd, Spokane, WA 99208
    View details
    Forested Land in Deer Park
    $89,000
    6.04 Acres

    Forested Land in Deer Park

    6.04 acres of recreational land near Deer Park, WA.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    20.47 Acres Vacant Land Spokane
    $249,000
    20.47 Acres

    20.47 Acres Vacant Land Spokane

    20.47 acres of vacant land in North Spokane.

    W Ballard Rd, Spokane, WA 99208
    View details
    Spokane Land with Palouse Views
    $400,000
    20.00 Acres

    Spokane Land with Palouse Views

    20 acres with views, good soil, and rural zoning.

    10900 S Silver Hill Rd, Spokane, WA 99223
    View details
    Spokane Valley Multifamily Property
    $699,900
    3,000 SF

    Spokane Valley Multifamily Property

    Multifamily property near Mission Park with ample parking.

    10811 E Mission Ave, Spokane Valley, WA 99216
    View details
    Spokane Land with Argonne Frontage
    $649,000
    5.10 Acres

    Spokane Land with Argonne Frontage

    5+ acres with high visibility on Argonne Road corridor.

    Nka Argonne-Bigelow Gulch Rd, Spokane, WA 99217
    View details
    South Hill Multifamily Investment Opportunity
    $1,050,000
    6,200 SF

    South Hill Multifamily Investment Opportunity

    Well-maintained, fully occupied 6-unit building in Spokane's South Hill.

    928 W 7Th Ave, Spokane, WA 99204
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    Spokane Land with Mountain Views
    $415,000
    10.99 Acres

    Spokane Land with Mountain Views

    10+ acre parcel ready for your dream home.

    8054 E Mount Spokane Park Dr, Spokane, WA 99021
    View details
    333+ Acres Rockford Mega-Property
    $2,695,000
    333.73 Acres

    333+ Acres Rockford Mega-Property

    Majestic 333+ acre property with mountain views near Spokane.

    S Starr Rd, Rockford, WA 99030
    View details
    Spokane Land For Sale
    $90,000
    0.23 Acres

    Spokane Land For Sale

    Land available in Spokane with city services and utilities.

    3105 W 20Th Ave, Spokane, WA 99224
    View details
    Land with Expansive Views
    $110,000
    4.92 Acres

    Land with Expansive Views

    Vacant land near Deer Park with recreational and building options.

    Nka Weaver Way, Deer Park, WA 99006
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    Land in Scenic Deer Park
    $130,000
    3.54 Acres

    Land in Scenic Deer Park

    3.54-acre vacant lot with views, no CC&Rs, power nearby.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    Spokane Valley Residential Land
    $189,600
    0.25 Acres

    Spokane Valley Residential Land

    Quarter-acre residential lots for sale in Spokane Valley, WA.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Spokane Valley Quarter-Acre Lots
    $189,600
    0.25 Acres

    Spokane Valley Quarter-Acre Lots

    Quarter-acre lots in established Spokane Valley neighborhood, no HOA.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Spacious Lots in Spokane Valley
    $189,600
    0.25 Acres

    Spacious Lots in Spokane Valley

    Quarter-acre lots in established neighborhood, flexible parking, no HOA.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Spokane Valley Quarter-Acre Lots
    $184,700
    0.25 Acres

    Spokane Valley Quarter-Acre Lots

    Spacious lots in established neighborhood, ideal for custom homes.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Land with Views Near Long Lake
    $99,000
    6.06 Acres

    Land with Views Near Long Lake

    6.06-acre parcel with trees and views near Long Lake.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    Secluded Land Near Deer Park
    $115,000
    6.00 Acres

    Secluded Land Near Deer Park

    6 acres of secluded land near Deer Park, Washington.

    Nka Lower Weaver Way, Deer Park, WA 99006
    View details
    Spokane Land with New Well
    $319,000
    10.99 Acres

    Spokane Land with New Well

    10+ acres in Peone Prairie with new private well.

    N Bruce Rd, Spokane, WA 99021
    View details
    Secluded Land Near Deer Park
    $105,000
    6.00 Acres

    Secluded Land Near Deer Park

    6 acres of secluded land near Deer Park, Washington.

    Nka Lower Weaver Way, Deer Park, WA 99006
    View details
    South Hill Fourplex on Acreage
    $669,000
    0.46 Acres

    South Hill Fourplex on Acreage

    Fourplex with development potential on nearly half an acre.

    1023 W 6Th Ave, Spokane, WA 99204
    View details
    Forested Land with Territorial Views
    $259,000
    20.00 Acres

    Forested Land with Territorial Views

    20+ acres of secluded land with power and natural gas.

    N Moose Drool Ln, Spokane, WA 99208
    View details
    Spacious Land with Countryside Views
    $249,000
    20.03 Acres

    Spacious Land with Countryside Views

    20.03 acres in North Spokane with development potential.

    W Ballard Rd, Spokane, WA 99208
    View details
    5.40 Acres with Mountain Views
    $140,000
    5.40 Acres

    5.40 Acres with Mountain Views

    Vacant land with mountain views, suitable for recreation or building.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    23 Acres Residential Development Land
    $3,200,000
    23.00 Acres

    23 Acres Residential Development Land

    Vacant land approved for residential development in Spokane, Washington.

    5600 S Hatch St, Spokane, WA 99223
    View details
    Land with Mountain Views
    $399,000
    10.00 Acres

    Land with Mountain Views

    10 acre land parcel with mountain views in Mead.

    11300 N Bruce Rd, Mead, WA 99217
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    Land in Deer Park, WA
    $145,000
    4.92 Acres

    Land in Deer Park, WA

    4.92-acre property with shared well, power, and building pad.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    59.74 Acres Near Spokane
    $510,000
    59.74 Acres

    59.74 Acres Near Spokane

    Land with timber, agriculture, and development potential near Spokane.

    N Flint Rd, Spokane, WA 99224
    View details
    Waterfront Lot on Latah Creek
    $140,000
    1.59 Acres

    Waterfront Lot on Latah Creek

    1.59 acre waterfront lot in Spokane city limits.

    3331 S Inland Empire Way, Spokane, WA 99203
    View details
    Spokane Valley Quarter-Acre Lots
    $189,600
    0.25 Acres

    Spokane Valley Quarter-Acre Lots

    Spacious quarter-acre lots in established Spokane Valley neighborhood.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Spokane Valley Quarter-Acre Lots
    $189,600
    0.25 Acres

    Spokane Valley Quarter-Acre Lots

    Spacious quarter-acre lots in established Spokane Valley neighborhood.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Spokane Valley Land Opportunity
    $189,600
    0.25 Acres

    Spokane Valley Land Opportunity

    Quarter-acre lots available in established Spokane Valley neighborhood.

    E 27Th Ave, Spokane Valley, WA 99206
    View details
    Prime Land in Green Bluff
    $399,900
    14.52 Acres

    Prime Land in Green Bluff

    14.52 acres in Green Bluff with well and barns.

    N Day Mount Spokane Rd, Colbert, WA 99005
    View details
    Spokane View Acreage Opportunity
    $315,000
    1.88 Acres

    Spokane View Acreage Opportunity

    1.88 acres with Valley views, utilities ready, gated community.

    12616 E Chester Rdg Ln, Spokane, WA 99206
    View details
    North Spokane Land with Views
    $219,000
    20.01 Acres

    North Spokane Land with Views

    20-acre parcel with mountain and valley views in Spokane.

    N Moose Drool Ln, Spokane, WA 99208
    View details
    Spokane Land For Sale
    $54,000
    0.12 Acres

    Spokane Land For Sale

    Residential land suitable for building a custom home or duplex.

    W 28Th Ave, Spokane, WA 99224
    View details
    South Hill Acreage with Views
    $250,000
    2.40 Acres

    South Hill Acreage with Views

    2.4 acres on the South Hill with southwest views.

    E Custer Ln, Spokane, WA 99223
    View details
    Prime Land on Bigelow Gulch
    $549,000
    5.00 Acres

    Prime Land on Bigelow Gulch

    5 acres of land with high visibility and development potential.

    Nka Argonne-Bigelow Gulch Rd, Spokane, WA 99217
    View details
    Secluded 10-Acre Parcel in Elk
    $129,900
    10.00 Acres

    Secluded 10-Acre Parcel in Elk

    Secluded 10-acre parcel in Elk, WA, ideal for recreation.

    151XX E Oregon Rd, Elk, WA 99009
    View details
    Secluded 10-Acre Parcel in Elk, WA
    $129,900
    10.00 Acres

    Secluded 10-Acre Parcel in Elk, WA

    10 acres of land in Elk, WA, abundant with wildlife.

    151XX E Oregon Rd, Elk, WA 99009
    View details
    20 Acres Scenic Spokane Land
    $319,000
    20.01 Acres

    20 Acres Scenic Spokane Land

    20-acre Spokane land with mountain views, well, and power.

    N Moose Drool Ln, Spokane, WA 99208
    View details
    Spokane Land with Shop
    $205,000
    0.50 Acres

    Spokane Land with Shop

    Double lot with shop, close to downtown Spokane.

    2922 W 18Th Ave, Spokane, WA 99224
    View details
    57.63 Acres Prime Cheney Land
    $499,000
    57.63 Acres

    57.63 Acres Prime Cheney Land

    Versatile land with farming potential, building sites, well, and power.

    S Scribner Rd, Cheney, WA 99004
    View details
    Land Near Suncrest, WA
    $89,000
    4.91 Acres

    Land Near Suncrest, WA

    4.91-acre land parcel near shopping and schools.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    Victorian 4-Plex Near EWU Campus
    $450,000
    2,215 SF

    Victorian 4-Plex Near EWU Campus

    Charming 4-unit rental property near Eastern Washington University.

    422 4Th St, Cheney, WA 99004
    View details
    20.31 Acres Near Cheney, WA
    $180,000
    20.31 Acres

    20.31 Acres Near Cheney, WA

    20.31 acres near lakes, wildlife refuge, and state land.

    W Cheney Plaza Rd, Cheney, WA 99004
    View details
    Cheney Land with Recreational Access
    $180,000
    20.31 Acres

    Cheney Land with Recreational Access

    20.31 acres near Cheney with access to recreation.

    W Cheney Plaza Rd, Cheney, WA 99004
    View details
    Spokane Land For Sale
    $90,000
    0.23 Acres

    Spokane Land For Sale

    0.23 acre building lot with city services and utilities.

    3009 W 20Th Ave, Spokane, WA 99224
    View details
    Spokane Valley Duplex For Sale
    $575,000
    4,120 SF

    Spokane Valley Duplex For Sale

    Move-in ready duplex in Spokane Valley's Sherwood Forest neighborhood.

    1414 S Robinhood St, Spokane, WA 99206
    View details
    Spokane City View Lot
    $134,000
    0.22 Acres

    Spokane City View Lot

    City view lot near downtown and business districts.

    1229 W Courtland Ave, Spokane, WA 99205
    View details
    Forested Land in Deer Park
    $139,000
    3.29 Acres

    Forested Land in Deer Park

    3.29 acres of secluded, forested land with power and well.

    Nka Weaver Way, Deer Park, WA 99006
    View details
    Peone Prairie Land with Views
    $399,000
    435,600 SF

    Peone Prairie Land with Views

    Prime land with views, well, and convenient access.

    11300 North Bruce Rd, Spokane, WA 99217
    View details
    Spokane Land For Sale
    $134,000

    Spokane Land For Sale

    Land available in Spokane, Washington.

    1229 W Courtland Ave, Spokane, WA 99205
    View details

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    Windermere Real Estate / Manito LLC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Windermere Real Estate / Manito LLC
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