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    Fiveplex Apartment Building with Development Land
    Updated: Aug 20
    Fiveplex Apartment Building with Development Land

    518 S Elm St, Spokane, WA 99201

    $469,900
    6,500 sqft 0.07 AC lot
    Three‑parcel assemblage totaling 13,336 sq ft
    Existing fiveplex with approximately 6,500 square feet of living area
    DTG zoning allows residential, office, retail, warehouse, and other mixed‑use opportunities
    Fire damage includes a gutted middle floor and moderate third‑floor roof damage
    Existing 1‑inch water line and 6‑inch concrete sewer conduit stub
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    Light Industrial Residential Income Portfolio
    Updated: Jul 1
    Light Industrial Residential Income Portfolio

    2914 E Sinto Ave, Spokane, WA 99202

    $1,200,000
    0.86 AC lot
    Five income‑producing parcels must be sold together, all zoned Light Industrial (LI).
    Parcel mix includes three single‑family residences, one single‑family home with an ADU, and one vacant lot.
    Year built listed as 1912.
    Parcel numbers: 35152.0507, 35152.0503, 35152.0502, 35152.0501, and 35152.0504.
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    Fire-Damaged Apartment Building
    Fire-Damaged Apartment Building

    520 S Elm St, Spokane, WA 99201

    $469,900
    0.05 AC lot

    DTG zoning supports residential, office, retail, warehouse, and other mixed-use development.

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    Office Building with Adjacent Lot
    Office Building with Adjacent Lot

    1201 N Ash St, Spokane, WA 99201

    $675,000
    4,990 sqft

    Updated office property includes an adjacent vacant lot and resurfaced parking.

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    Flat Commercial Development Lot
    Flat Commercial Development Lot

    1326 N Calispel St, Spokane, WA 99201

    $141,950
    0.29 AC lot

    Flat, usable commercial lot zoned OR150, offering development flexibility for a buyer to verify permitted uses.

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    Timber and Agricultural Land
    Timber and Agricultural Land

    NKA N Flint Rd, Spokane, WA 99224

    $510,000
    59.74 AC lot

    Rural acreage includes paved Flint Road access, a shop foundation, timber, agricultural ground, and a well.

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    View-Ready Development Land
    View-Ready Development Land

    XX257 Hayford Rd, Spokane, WA 99224

    $1,799,000
    257.20 AC lot

    Unspoiled acreage with elevated views across two lots, offering strong potential for estates, retreats, or long-term investment.

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    Residential Land Development Opportunity
    Residential Land Development Opportunity

    2710-2510 South Thorpe Road, Spokane, WA 99224

    $749,900
    260,053 sqft 5.97 AC lot

    5.97 acres for residential development in Spokane, WA.

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    Spokane Land with Development Potential
    Spokane Land with Development Potential

    2622/2616 W Thorpe Rd, Spokane, WA 99224

    $550,000
    2.69 AC lot

    Two buildable lots near downtown Spokane with utilities available.

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    Agricultural Land on Private Road
    Agricultural Land on Private Road

    S Gwendolyn Ln, Spokane, WA 99004

    $275,000
    10.00 AC lot

    Level farmland near town with ongoing agricultural use, nearby wetlands, and reasonable CCRs.

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    Commercial Land with Existing Improvements
    Commercial Land with Existing Improvements

    520 S Elm St, Spokane, WA 99201

    $469,900
    13,336 sqft

    DTG-zoned assemblage includes existing improvements and utility infrastructure supporting mixed-use redevelopment.

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    Corridor Mixed-Use Commercial Land
    Corridor Mixed-Use Commercial Land

    10300 E Appleway Blvd, Spokane, WA 99206

    $1,700,000
    2.81 AC lot

    Commercial land with Corridor/Mixed Use zoning and access to public water and sewer.

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    Large Hunting Land Tract
    Large Hunting Land Tract

    95XX N Campbell Rd, Spokane, WA 99027

    $4,400,000
    524.94 AC lot

    Expansive recreational acreage with ridges, peaks, and panoramic views.

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    Gated Community View Home Site
    Gated Community View Home Site

    9013-9011 East Sunview Lane, Spokane, WA 99217

    $295,000
    13,945 sqft

    Two adjoining view parcels sold together offer utilities at the property line and included townhouse blueprints.

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    Level Farmland with Plotted Parcels
    Level Farmland with Plotted Parcels

    5500 W 5th Ave, Spokane, WA 99224

    $250,000
    5.44 AC lot

    5.44-acre level, lush farmland site with six parcels plotted and power at the property line.

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    Spokane Land with City Views
    Spokane Land with City Views

    2827 S Park Ln, Spokane, WA 99212

    $740,000
    11.47 AC lot

    Residential land with city, mountain, and recreation access.

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    Spokane Land with Development Potential
    Spokane Land with Development Potential

    2622-2616 West Thorpe Road, Spokane, WA 99224

    $550,000
    117,176 sqft 2.69 AC lot

    Two buildable lots near downtown Spokane with utilities available.

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    Land Adjacent to State Park
    Land Adjacent to State Park

    N Hayford Rd, Spokane, WA 99224

    $1,450,000
    201.35 AC lot

    Two contiguous parcels combine varied terrain with RCV and RT zoning near regional transportation and employment centers.

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    Industrial Land Ready For Development
    Industrial Land Ready For Development

    4226 & 4222 S Fosseen Rd, Spokane, WA 99224

    $535,790
    2 sqft

    Prime industrial land with I-90 access and included services.

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    Residential Development Land Parcel
    Residential Development Land Parcel

    1410 W Paradise Rd, Spokane, WA 99224

    $299,900
    10.46 AC lot

    A 10.46-acre residential-zoned parcel with open meadow, mature trees, and paved road frontage for multiple building sites.

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    Acreage with Elevated View Sites
    Acreage with Elevated View Sites

    Xx257 South Hayford Road, Unit 5802 N HAYFORD RD, Spokane, WA 99224

    $1,799,000
    11,203,632 sqft 257.00 AC lot

    Two-lot land parcel offering elevated, sweeping view sites near major Spokane-area recreation and employment destinations.

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    View Lot in Gated Community
    View Lot in Gated Community

    6412 S Verona Ln, Spokane, WA 99223

    $399,000
    0.57 AC lot

    Oversized view lot in a gated South Hill community.

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    Corner Development Land Parcel
    Corner Development Land Parcel

    55-xx West Lawton Road, Spokane, WA 99224

    $875,000
    217,800 sqft

    Corner lot with two access points on paved county roads and utilities available along the western and southern lines.

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    Timbered Recreational Land Parcel
    Timbered Recreational Land Parcel

    22720 N Travis Rd, Spokane, WA 99021

    $289,500
    19.68 AC lot

    Spacious parcel with existing well, septic, and power for planning a home, cabin, or recreation use.

    View details

    Spokane, WA Land Market Trends and Statistics

    Explore 423 land for sale in Spokane, WA, showcased through 423 active listings on our real estate platform. These investment opportunities span a total of 153,474,670 square feet of properties for sale, with an estimated market value of $153,552,837.

    Sale prices for lots in Spokane, WA start at $32,000, averaging $490,584, and reaching up to $7,400,000 — 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 234
    Commercial land 163
    Industrial land 34
    Agricultural land / Farmland 16
    Recreation land 9

    Demographics Overview

    Population 390K
    Population Growth (5Y) +8.1%
    Median Household Income $73,015
    College Educated 35.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Chattaroy - 99003 $180K
    Mead - 99021 $393K
    Spokane - 99201 $453.6K

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $10.24 per SF
    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 Spokane fall within the under-1-acre range.

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    Most Searched ZIP Codes in Spokane, WA

    • 99224
    • 99208
    • 99217
    • 99202
    • 99223
    • 99201
    • 99205
    • 99206
    • 99203
    • 99218
    • 99212

    Featured Spokane Real Estate Agencies

    Realmo connects you with licensed Spokane CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    First Look Real Estate
    1003 E Trent Ave Suite #150 Spokane, WA 99206
    Phone: 15099283413
    www.firstlookre.com/
    Keller Williams Realty Spokane Branch
    799 S Stevens St, Suite 200 Spokane, WA 99204
    Phone: 15094584000
    kwspokane.yourkwoffice.com/home
    Realty One Group Eclipse
    1414 W Garland Ave, Suite 100 Spokane, WA 99205
    Phone: 15096246873
    www.realtyonegroupeclipse.com/

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