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    Cheney, WA
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    Cheney, WA Land for Sale

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    Insulated Flex Workshop
    Updated: Aug 6
    Insulated Flex Workshop

    20721 W Baker Rd, Cheney, WA 99004

    $450,000
    3,168 sqft 20.00 AC lot
    20‑acre parcel with level, usable land
    40' x 72' insulated shop with radiant floor heat and floor drains
    400‑amp power service and 25 gpm well
    Separate 12' x 24' office with roughed‑in bathroom
    Large gravel parking area for trucks, trailers, RVs, or guests
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    This listing looks promising.

    Here's a quick look at some key insights for

    20721 W Baker Rd, Cheney, WA

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Mortgage

      $120K
      Oct 2022

    • Last Sold

      Apr 2025
      $306K
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    Acreage Land Parcel
    Updated: Jul 16
    Acreage Land Parcel

    36321 S Bootstrap Ln, Cheney, WA 99004

    $190,000
    11.87 AC lot
    11.87‑acre parcel with rural surroundings and natural setting
    Functioning well on site
    Power already installed
    15 minutes from shopping, dining, and everyday conveniences
    Close to nearby lakes and outdoor recreation like fishing, hunting, and hiking
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    Rural Acreage with Well and Power
    Rural Acreage with Well and Power

    36377 S Bootstrap Ln, Cheney, WA 99004

    $160,000
    10.04 AC lot

    10.04-acre parcel in Cheney with a functioning well and power already installed, close to city amenities.

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    Farmland with Lakefront
    Farmland with Lakefront

    Williams Lake Rd, Cheney, WA 99004

    $4,235,000
    770.00 AC lot

    Fenced farmland with lakefront and seasonal ponds, plus power along the property line and frontage on two paved county roads.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Buildable Fenced Acreage with 50+ GPM Well
    Buildable Fenced Acreage with 50+ GPM Well

    NKA S Ritchey Rd, Cheney, WA 99004

    $499,000
    87.16 AC lot

    87+ acre fenced Spokane County property with productive well, power service, pasture, hay ground, and year-round pond.

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    Secluded Land Parcel with Wetland Buffer
    Secluded Land Parcel with Wetland Buffer

    17305 S Blasted Ln, Cheney, WA 99004

    $129,900
    20.48 AC lot

    A 20+ acre parcel with roughly equal treed and open areas, including a designated wetland buffer.

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    Secluded Treed Land Parcel
    Secluded Treed Land Parcel

    Lorna Ln, Cheney, WA 99002

    $189,000
    20.49 AC lot

    20.49 acre treed parcel with building locations near Cheney.

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    11-Acre Corner Development Lot
    11-Acre Corner Development Lot

    21720 West Washington Road, Cheney, WA 99004

    $235,000
    479,160 sqft 11.00 AC lot

    Corner lot offers multiple building sites, with well and power already installed and pasture land for livestock or crops.

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    20-Acre Cheney Land Parcel
    20-Acre Cheney Land Parcel

    5306 W Curtis Rd, Cheney, WA 99004

    $299,999
    20.50 AC lot

    Secluded 20-acre land near Cheney with power and building.

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    Secluded 10-Acre Treed Parcel
    Secluded 10-Acre Treed Parcel

    Lorna Ln, Cheney, WA 99002

    $99,000
    10.01 AC lot

    10-acre treed parcel with building locations near Cheney, WA.

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    Multi-Family Zoned Lot Near EWU
    Multi-Family Zoned Lot Near EWU

    7 5th Street, Cheney, WA 99004

    $460,000
    16,000 sqft 0.37 AC lot

    16,000 sq ft multi-family zoned lot near Eastern Washington University.

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    Secluded 10-Acre Treed Parcel
    Secluded 10-Acre Treed Parcel

    Lorna Ln, Cheney, WA 99002

    $99,000
    10.48 AC lot

    10+ acre surveyed land parcel near Cheney, WA.

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    Land, Cheney, WA
    Land, Cheney, WA

    W Williams Lake Rd, Cheney, WA 99004

    $385,000
    32.69 AC lot

    Land · 32.69 Acres

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    Land Parcel Near Outdoor Recreation
    Land Parcel Near Outdoor Recreation

    16-xxx West Lance Hill Road, Unit PARCEL D, Cheney, WA 99004

    $208,160
    872,942 sqft 24.00 AC lot

    Land parcel near Cheney with outdoor recreation opportunities.

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    Land, Cheney, WA
    Land, Cheney, WA

    W Washington St, Cheney, WA 99004

    $275,000
    14.43 AC lot

    Agricultural land / Farmland · 14.43 Acres

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    LAND - Cheney, WA
    LAND - Cheney, WA

    UNK S Cheney Plaza Rd, Cheney, WA 99004

    $292,723
    35.00 AC lot

    Land · 35.00 Acres

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    Build-Ready Residential Land Acreage
    Build-Ready Residential Land Acreage

    14725 S Stangland Rd, Cheney, WA 99004

    $259,500
    6.49 AC lot

    Wooded, 6.49-acre parcel with a cleared homesite, newly installed driveway, and engineered septic approval.

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    LAND - Cheney, WA
    LAND - Cheney, WA

    UNK S Cheney Plaza Rd, Cheney, WA 99004

    $209,088
    25.00 AC lot

    Land · 25.00 Acres

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    Secluded Acreage with Multiple Sites
    Secluded Acreage with Multiple Sites

    23755 S Ritchey Rd, Cheney, WA 99004

    $699,000
    69.80 AC lot

    A 69.8-acre parcel with several buildable sites, a high-yield well (60+ GPM), and approved septic plans for a four-bedroom home.

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    LAND - Cheney, WA
    LAND - Cheney, WA

    UNK S Cheney Plaza Rd, Cheney, WA 99004

    $451,630
    60.00 AC lot

    Land · 60.00 Acres

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    Secluded Land Parcel with Wetland Buffer
    Secluded Land Parcel with Wetland Buffer

    17305 S Blasted Ln, Cheney, WA 99004

    $129,900
    20.00 AC lot

    A 20+ acre parcel with roughly 10 acres treed and power available at the property line.

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    LAND - Cheney, WA
    LAND - Cheney, WA

    7916 S Parway Ln, Cheney, WA 99004

    $119,000
    0.14 AC lot

    Land · 0.14 Acres

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    Residential Development Land Lot
    Residential Development Land Lot

    11819 S State Route 904, Cheney, WA 99004

    $150,000
    1.46 AC lot

    1.46-acre residential lot with territorial views and convenient access to I-90 for quick commutes to nearby cities.

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    LAND - Cheney, WA
    LAND - Cheney, WA

    TDB S Goss Rd, Cheney, WA 99004

    $239,950
    12.38 AC lot

    Land · 12.38 Acres

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    Cheney, WA Land Market Trends and Statistics

    Explore 72 land for sale in Cheney, WA, showcased through 71 active listings on our real estate platform. These investment opportunities span a total of 100,955,274 square feet of properties for sale, with an estimated market value of $22,824,909.

    Sale prices for lots in Cheney, WA start at $71,892, averaging $351,152, and reaching up to $4,235,000 — 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 49
    Agricultural land / Farmland 4
    Commercial land 3
    Recreation land 3
    Industrial land 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.0%
    Median Household Income $62,014
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Edwall $161.3K
    Cheney $485.3K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.07 per SF
    Tax Rate vs County Average 0.04 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Cheney fall within the 1 to 5 acres range.

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    Most Searched ZIP Codes in Cheney, WA

    • 99004
    • 99002

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