Commercial

Elk, WA Commercial Land for Sale

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Newport, WA Chattaroy, WA Deer Park, WA
Elk, WA Land Parcel
Updated: Mar 30
Elk, WA Land Parcel

39xxx N Newport Hwy, Elk, WA 99009

$194,500
4.82 AC lot
Large 4.82 acre parcel
Clean, level lot
High potential for development
Located next to Los Tres Petrillo's Restaurant
Convenient location on N. Newport Hwy
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

28 Acre Waterfront Land Opportunity
28 Acre Waterfront Land Opportunity

NKA N Union Ave, Newport, WA 99156

$649,900
28.11 AC lot

28 acres with 2435' waterfront on Pend Oreille River.

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Highway-Frontage Commercial Land
Highway-Frontage Commercial Land

331861 HIGHWAY 2, Newport, WA 99156

$57,000
1.20 AC lot

1.2-acre R5 parcel with Highway 2 frontage and pre-completed PUD engineering, survey, and utility due diligence.

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Deer Park Commercial Development Land
Deer Park Commercial Development Land

508 W Main St, Deer Park, WA

$1,228,000
7.05 AC lot

Prime development land in fast-growing Deer Park, Washington.

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Light Industrial Land Ready to Build
Light Industrial Land Ready to Build

1481 N Cedar Rd, Deer Park, WA

$2,825,859
50,000 sqft · 2.19 AC lot

Corner lot near Deer Park Airport, utilities ready, flexible options.

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Elk, WA Commercial Land Market Trends and Statistics

Explore 1 commercial land for sale in Elk, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $194,500.

Sale prices for commercial lots in Elk, WA start at $194,500, averaging $194,500, and reaching up to $194,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 11
Recreation land 6
Agricultural land / Farmland 3
Hunting land 3
Commercial land 1

Demographics Overview

Population 4,525
Population Growth (5Y) +23.3%
Median Household Income $74,881
College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Elk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
99009 $194.5K

Taxes & Financing

Tax Rate (average for all types) 0.72%
Property Tax per SF $24.01 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

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