Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    31008 Meadow Ln Davenport, WA 99122

    View on Map
    For Sale
    $68,000

    LAND - Davenport, WA

    Lot size:
    10.00 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 2 at 10:06 pm

    Property Features for 31008 Meadow Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2636800100130
    Lot size
    10.00 Acres

    Utilities

    Utilities
    Phone Available
    Water source
    Well

    We can help!

    Listing Contact
    Elizabeth Bendinelli
    Elizabeth Bendinelli

    Listing agent Elizabeth Bendinelli

    Listing office Best Choice Realty 16201 E Indiana Ave Suite 3140, Spokane Valley, WA

    Listing date Mar 16, 2026

    MLS# 202613622

    Copyright © 2026 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

    Land Near Lake Roosevelt

    This 10-acre land is located in Hawk Creek Ranch, a private gated community. The property is situated minutes from Lake Roosevelt, offering opportunities for fishing and boating. The location provides access to trails, wildlife, sunset vistas, and panoramic views. It is suitable for building a home or cabin, or for parking an RV. The community offers maintained roads and gated security. A shared well and underground power are available. Community amenities include a lodge, seasonal sports courts, a swimming pool, and a spa. Horses are allowed, with livestock restrictions detailed in the CCR's. The property is located in Davenport, Lincoln County, Washington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Davenport
    County
    Lincoln
    State
    Washington
    Longitude
    -118.192
    Latitude
    47.7035

    Nearby Similar for Sale

    • $495,000
      3,087 SF

      Profitable Davenport Fourplex with Updates

      Updated fourplex near downtown Davenport with strong income potential.
      401 4th St, Davenport, WA 99122
      View Details
    • $349,000

      Farmland Opportunity Near Davenport

      208 acres of rolling hills, ideal for agriculture or building.
      N Coal Springs Rd, Davenport, WA 99122
      View Details
    • $105,000

      Hawk Creek Ranch Acreage

      5.3 acre lot with community amenities near Lake Roosevelt.
      34820 Partridge Ln N, Davenport, WA 99122
      View Details
    • $135,000

      Secluded Land Ideal for Homestead

      40 acres perfect for homestead, hobby farm, or retreat.
      TBD EARL RD. N., DAVENPORT, WA 99122
      View Details
    • $1,700,000
      5,202 SF

      Davenport USDA Service Center ForSale

      5,202 SF building on 0.57 acres, remodeled in 2024.
      1310 Morgan St, Davenport, WA 99122
      View Details
    • $998,000

      525 Acres Near Spokane

      525-acre property near Spokane with crop production and recreational potential.
      45XXX Devore Rd E, Davenport, WA, 99122
      View Details

    FAQs

    What type of property is this?
    Recreation land - Gated community land near Lake Roosevelt with community amenities.
    Where is this recreation land located?
    The property is located at 31008 Meadow Ln Davenport, WA.
    What is the asking price?
    The asking price for this property is $68,000.
    What are key features of this property?
    This property features: Private gated community near Lake Roosevelt with fishing and boating; Enjoy access to the community lodge, seasonal sports courts, swimming pool, and spa; Maintained roads and gated security provide year‑round access and peace of mind
    (206) 886-3986
    We can help!
    Listing Contact
    Elizabeth Bendinelli
    Elizabeth Bendinelli
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!