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    Wa-291 Nine Mile Falls, WA 99026

    Sponsored
    For Sale
    $699,900

    COMMERCIAL - Nine Mile Falls, WA

    Lot size:
    6.69 Acres
    Days on Market:
    113
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for Wa-291

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    APN
    5119495
    Lot size
    6.69 Acres

    Keller Williams Realty Spokane (509) 458-4000 [email protected]

    Listing agent Kristina Bartlett (509) 868-4591

    Listing date Sep 15, 2025

    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

    6.69 Acres in Nine Mile Falls

    This 6.69-acre property, located in Nine Mile Falls, WA, is zoned R2 Residential and allows for subdivision into 1/2-acre lots with individual septic tanks. Higher density residential development, up to 12 units per acre, is possible with a community septic system, subject to Health District regulations. Rezoning to Business could allow for various uses, including a grocery store, gas station, office space, or health services. The property includes approximately 450 square feet of frontage on HWY 291, directly across from Lakeside Middle School. All utilities except septic are available on the property. Prospective buyers are advised to conduct their own due diligence, as the seller provides no warranties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Nine Mile Falls
    County
    Spokane
    State
    Washington
    Longitude
    -117.5975244
    Latitude
    47.82934354

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    FAQs

    What type of property is this?
    Land - 6.69 acres zoned R2 with highway frontage.
    Where is this land located?
    The property is located at Wa-291 Nine Mile Falls, WA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Zoned R2 Residential, allowing subdivision into 1/2 acre lots.; - Potential for higher density residential development (up to 12 units/acre).; - Re-zoning potential to Business for commercial uses (grocery store, gas station, office space, etc.).
    (509) 868-4591
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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
    Wa-291 Nine Mile Falls, WA 99026
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