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    109 Perrine Rd Spokane, WA 99206

    For Sale
    $499,000

    LAND - Spokane Valley, WA

    Lot size:
    0.68 Acres
    Days on Market:
    225
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 109 Perrine Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU
    APN
    45164.0534
    Lot size
    0.68 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    First Look Real Estate (509) 928-3413 [email protected]

    Listing agent Sheryl Manchester (509) 868-1916

    Listing date May 3, 2025

    MLS# 202515758 Listing URL

    Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot in Spokane

    This 0.68-acre corner lot offers development opportunities. It features paved parking and is located one block west of Pines Road and one block north of Sprague Avenue. The property is highly visible, situated diagonally across from Opportunity Shopping Center and Chase Bank. Zoned CMU, it allows for multi-family residential, light manufacturing, retail, offices, and other uses. The property has power and water connections and is hooked to the public sewer. It is located one block from the intersection of Pines and Sprague, approximately 10 minutes from downtown and about 1.5 miles from I-90, and close to Apple Way Trail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.244317
    Latitude
    47.658583

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    FAQs

    What type of property is this?
    Commercial land - Highly visible 0.68-acre corner lot with development potential.
    Where is this commercial land located?
    The property is located at 109 Perrine Rd Spokane, WA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime corner lot location (0.68 acres) with high visibility, near Opportunity Shopping Center and Chase Bank; - Zoned CMU: Allows for multi-family residential, light manufacturing, retail, and office development; - Utilities connected: Power, water, and public sewer
    (509) 868-1916
    Request Owner's contact information
    109 Perrine Rd Spokane, WA 99206
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    Spokane, WA 99206
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    Realmo Value Estimation

    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.

    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.

    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
    109 Perrine Rd Spokane, WA 99206
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