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

    5203 Olinger Rd Springdale, WA 99173

    View on Map
    Claim this Listing
    For Sale
    $519,999

    LAND - Springdale, WA

    Lot size:
    51.36 Acres
    Added:
    Jan 9, 2026
    Days on Market:
    102
    Last Refresh:
    Apr 21 at 7:06 pm

    Property Features for 5203 Olinger Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1766385,1766380
    Lot size
    51.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    524

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Jim Palmer Jr.

    Listing agent Jim Palmer Jr. License #2775

    Listing office Real Estate Marketplace NW,Inc 404 S Main St, Deer Park, WA

    Listing date Jan 9, 2026

    MLS# 202610646 Listing URL

    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

    51+ Acres in Springdale, WA

    This 51.36-acre property in Springdale, WA, features open rolling fields and trees, offering panoramic views of the surrounding mountains. It includes a custom camping pad with an almost one-acre graveled parking space suitable for campers, RVs, or as a building site. A well with a pump and power are already installed. Recreational amenities include two portable carports, picnic tables, a fire pit, benches, a port-potty, a shooting range, and a raised observatory. The property is located near a county road. The sale includes 4 separate buildable land parcels, making it suitable for multiple residences. It is presented as a great hunting location and a potential site for a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Springdale
    County
    Stevens
    State
    Washington
    Longitude
    -117.972093
    Latitude
    48.031888

    Nearby Similar for Sale

    • $450,000
      1,218 SF

      Springdale Entertainment Venue For Sale

      Profitable bar and real estate opportunity in Springdale, Washington.
      111 W Shaffer Ave, Springdale, WA 99173
      View Details
    • $550,000
      8,250 SF

      Springdale Commercial Building on 5 Acres

      Commercial building with office space, workshop, and expansion potential.
      4341 B Springdale Hunters Rd, Springdale, WA 99173
      View Details
    • $79,500

      Private Wooded 10-Acre Retreat

      Secluded 10-acre wooded parcel with hunting cabin near state land.
      5324 OLINGER RD, SPRINGDALE, WA 99173
      View Details
    • $79,000

      Commercial Land in Growing Springdale

      Commercial zoned land with road frontage in a growing community.
      108 S Main St, Springdale, WA 99173
      View Details
    • $79,000

      Commercial Land in Growing Community

      Commercial-zoned lot in Springdale with road frontage, endless opportunities.
      108 S Main St, Springdale, WA 99173
      View Details
    • $519,999

      51.36 Acres of Buildable Land

      51.36 acres of land with well, power, and recreational features.
      5203 OLINGER RD, SPRINGDALE, WA 99173
      View Details
    • $45,000

      Springdale Buildable Land For Sale

      One acre of buildable land in Springdale, Washington.
      4006 B Hwy 231, Springdale, WA 99173
      View Details
    • $190,000

      40 Acres of Treed Land

      Level to rolling 40 acres with meadows and trees.
      Lyons Hill Rd, Springdale, WA 99173
      View Details
    • $160,000

      40 Acres in Springdale, WA

      40-acre parcel with easy access and recreational setup.
      6833 DRUM RD, SPRINGDALE, WA 99173
      View Details
    • $149,000

      Springdale Land with Varied Terrain

      Secluded 20-acre land parcel in Springdale, Washington.
      Bowler Rd, Springdale, WA 99173
      View Details
    • $99,999

      Land with Valley Views

      2.5 acre lot with potential for home construction.
      4256 Hwy 231, Springdale, WA 99173
      View Details
    • $185,000

      21.3 Acres in Springdale, WA

      21.3 acres of land for recreation or building.
      4528 Stonebrook Way, Springdale, WA 99173
      View Details

    FAQs

    What type of property is this?
    Land - Land with panoramic views, camping pad, well, and recreational features.
    Where is this land located?
    The property is located at 5203 Olinger Rd Springdale, WA.
    What is the asking price?
    The asking price for this property is $519,999.
    What are key features of this property?
    This property features: Includes 4 separate build‑able land parcels, ideal for multiple residences.; Well with pump and power are already installed on the property.; Custom camping pad with graveled parking space suitable for RV or building site.
    (509) 276-5445
    We can help!
    Listing Contact
    Jim Palmer Jr.
    Real Estate License ID: 2775
    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!